The Impact of the Protectionist Politics
over the Increase of Foreign Commerce
The Impact of the Protectionist Politics
over the Increase of Foreign Commerce
Author(s): Gheorghe ChiruSubject(s): Economy
Published by: Editura Universitară Danubius
Keywords: foreign trade; agrarian economy; customs duties
Summary/Abstract: This article presents the evolution of foreign commerce between 1865 up to First World War.After 1863 until the first World War, the foreign trade of Romania increases its volume permanently(between 1863-1913 - 6,5 times, from a 72,1 million gold lei import and 120,9 million export, to animport of 590 million and an export of 670,7 million gold lei). Romania reduced already the gapbetween prices, but its predominant agrarian economy, its poor industrial development exposed it still tothe effects of uneven exchange with stronger partners better economically developed.
Journal: Acta Universitatis Danubius. Œconomica
- Issue Year: 3/2007
- Issue No: 1
- Page Range: 109-118
- Page Count: 10
- Language: English