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The Evolution of Trading with Agri-food Products in European Union

Author

Listed:
  • Mihălcioiu Larisa Delia

    (The Bucharest University of Economic Studies)

  • Ion Alexandru Nicolae

    (The University Politehnica of Bucharest)

Abstract

The following paper addresses: the evolution of trade in agricultural and food products in the European Union between 2002-2017, highlighting both, the most competitive and also the least developed countries in this area. The European Union is the world's leading actor in the field of trade, being a great economic, commercial and political power. The benefits this fact generates for each country member of the European Union are multiple: it provides citizens with better quality of life, offers them a wide range of products, gives countries opportunities for growth, for a bigger and fairer marketplace, where customs duties were eliminated in trading between members and merged for goods imported from third countries. Because of this position, the European Union has a decisive role in the negotiations made inside the World Trade Organization.

Suggested Citation

  • Mihălcioiu Larisa Delia & Ion Alexandru Nicolae, 2018. "The Evolution of Trading with Agri-food Products in European Union," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 167-172, December.
    • Handle: RePEc:ovi:oviste:v:xviii:y:2018:i:2:p:167-172
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    More about this item

    Keywords

    trade; export; import; commercial balance of trade;
    All these keywords.

    JEL classification:

    • Q17 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agriculture in International Trade

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