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COMPETITIVENESS ANALYSIS OF THE REPUBLIC OF MOLDOVA BY MEANS OF EFFICIENCY INDICATORS OF FOREIGN TRADE WITH AGRICULTURAL FOOD PRODUCTS

Journal: Scientific Papers Series ?Management, Economic Engineering and Rural Development” (Vol.14, No. 2)

Publication Date:

Authors : ; ; ;

Page : 89-98

Keywords : agricultural food products; competitiveness; economic efficiency; external trade; market; profit;

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Abstract

An old traditional form of foreign economic relations is represented by foreign trade. Republic of Moldova, Featuring a geographical position that represents the area of intersection the numerous trade routes and regional connotation communications, should use these advantages in order to extend the export-import relations; there for, Republic of Moldova follows to use the internal potential in intensive and effective way. Competitiveness of external trade with agricultural food products has a particularly important role which is steadily increasing, it determine the increasing or decreasing of the national income produced outside depending upon the ratio between the national and international amount of goods. Ensuring the economic efficiency of production requires a certain minimum volume of its. If the volume exceeds the absorption capacity of the internal market, ensuring efficient production requires a call to the external market. On the other hand, certain products can not be obtained either domestic production or isn’t justified from the economic point of view can be obtained only from the external market.

Last modified: 2015-05-29 18:49:36