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main cause of Romania's trade deficit.Using qualitativeand quantitative assessments, interpretations and comparative … analyses, the article shows that Romania is not in a situation favourable to the economic convergence with the European Union …
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heteroskedasticity. The sample covers 12 years and includes 27 EU partner countries, chosen because Romania traded with all of them … improvement of the Romanian institutions would unleash the trade between Romania and the other EU countries. …
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