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Comparative Analysis Of The Macroeconomic Indicators In The Member States Of The G7

Author

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  • Abrudan Leonard Calin

    (University of Oradea)

Abstract

This paper is a continuation of "Romania's EU accession. Gains and losses (I)" where we have been presented statistics on Romania's trade with major trading partners to whom, before, or after EU accession, the legal status has changed. In this paper we try to identify the benefits and costs of accession to the EU in terms of trade. In the first part we analyze the dynamics of trade with new partners, resulting from the accession. The last part is devoted to conclusions. The main idea that emerges from this work is that, unfortunately, Romania governors, did not know to take advantage of the opening to the biggest economic market although the financial and institutional support offered by the EU.

Suggested Citation

  • Abrudan Leonard Calin, 2012. "Comparative Analysis Of The Macroeconomic Indicators In The Member States Of The G7," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(2), pages 40-45, December.
    • Handle: RePEc:ora:journl:v:1:y:2012:i:2:p:40-45
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    File URL: http://anale.steconomiceuoradea.ro/volume/2012/n2/003.pdf
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    More about this item

    Keywords

    bilateral agreement; comparative advantage; international trade; EU accession; EU integration;
    All these keywords.

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F15 - International Economics - - Trade - - - Economic Integration

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