The present paper aims to disseminate the relationship between international trade and its determinants. The research objective consists in creating a basic econometric model of analysis in order to observe the correlations that occur among variables related to international trade, exempli...

The present paper aims to disseminate the validity of trade theories on the ground of the current international trade environment. The research objective consists in the reviewing of the traditional and new trade theories and their explanatory significance regarding the gains from trade issues....