The adhesion to the European Union imposed to Romania major changes for the main indirect taxes. In this article we study the implications of these changes on the imports from EU. We conclude that the most significant effect the settlements had regarding the payment of VAT for the intra –...

India and ASEAN signed a Free Trade Agreement (FTA) in trade in goods which came to effect from 1st January 2010. There were apprehensions on the likely impact of this RTA on some sensitive sectors of India such as agriculture, fisheries and plantation crop as large number of people depend on...

In the 90’s, the Mercosur countries experienced a strong growth of trade and foreign direct investment (FDI). To examine the relationship between FDI, trade and regional integration in the Mercosur, we tested different disaggregated gravity equations on trade and FDI flows between two Mercosur...

The economic integration process is a current widely spared process in the world economy. The necessity of collaboration between countries on economic, politic and social plans is being implemented by nations through a raising number of commercial agreements for example during the last decades....

With an increasing number of Preferential Trade Agreements (PTAs) covering trade in services, we explore the impact of PTAs on services trade. To the best of our knowledge, this is the first paper in this literature that endogenizes the impact of preferentialism in estimating the trade effect....

Under the global crisis impact the structure of international trade flows witnessed significant changes. In the case of Romania, paradoxically for an emerging country, in terms of product composition during 2007-2010, the share of capital goods decreased in total imports and increased in total...

The adhesion to the European Union in January 2007 induced significant changes in the Romania’s foreign trade. In the new circumstances, the Romanian firms have to face an increased competition, but they could also fructify the opportunities of the European single market. Other changes could...

This paper explores some particularities of the strategic decisions adopted by the Romanian exporters. We use four case studies in which there are presented such decisions. We conclude that in the actual complex context for the export activity the adaptation capacity is a key factor of success.

The post WTO world trading system is witnessing proliferation of large number of Regional Trade Agreements (RTAs). The slow pace of multilateral negotiations and lack of consensus among members on major trade issues is undermining the role of WTO and hastening the regionalism process. Realising...

Today, more than 50 years after the Rome Treaty, the EU has made great strides in its’ economic integration and liberalization of movement of goods and people. International trade theory predicts deepening economic integration inside the European Union will increase regional trade and have...