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International Journal of Academic Research in Accounting, Finance and Management Sciences

Open Access Journal

ISSN: 2225-8329

Foreign Trade Evolutions in the European Union

Catalina MOTOFEI

http://dx.doi.org/10.6007/IJARAFMS/v7-i2/2926

Open access

In this paper, the author presents the most significant evolutions in the international trade of the European Union. The research takes into consideration several aspects, namely the contributions of some countries to the total recorded across the EU, the analysis by groups of goods, within the study of both import/export and trade balance. To substantiate our analysis, based on the structure of the used dataset, we have capitalized the benefits of the regression method, developing two models, one for import and export each, which explain the dimension of the correlation between these indicators and their structure factors, grouped by categories of goods.

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