International services trade patterns and specialization potential: a comparative Assessment

The main purpose of this paper is to comparatively examine the international competitiveness of services trade, by determining its pattern and structure of specialization for Romania and Bulgaria, on the EU-25 services market. In other words, the research attempts to identify Romania's and Bulgaria’s ability to overcome difficulties and challenges that might arise from the hard competition within the enlarged EU, in the field of foreign trade in services. To this end, the paper attempts to suggest a multilevel framework for assessing the international competitiveness of Romania’s and Bulgaria’s services trade.