Journal of Economics and Development Studies

Las Negociaciones entre la Comunidad Andina de Naciones y la Unión Europea y su Impacto en la Balanza Comercial Ecuatoriana 2001 Al 2012
Wendy Wasbrum, MSc; Margarita Palma, MBA; Tito Vasquez, MSc; Sonia Barragan, MSc; JoseLandivar, MSc.

Abstract
This paper aims to analyze the negotiations between the Andean Community of Nations and the European Union and the impact on the Ecuadorian trade balance from 2000 to 2010, taking into account that since Ecuador becomes a member of the then called the Andean Pact, now Community of Andean Nations, various economic benefits obtained as an increase in terms of local recognition and bargaining power, although stocks of information asymmetries and shortcomings of its productive apparatus. In the field of international negotiations, it has to be in terms of trade, the EU is the second most important partner of the Andean Community of Nations according to statistics figures of recent years, and this relative importance began from the previous decade. That is why trade relations between Ecuador and the European Union and its impact on Ecuador's trade balance will be analyzed, along with the trade balance between Ecuador and the Andean Community of Nations, where an econometric analysis using cointegration between balance is made commercial and trade balance of Ecuador Andean Community of Nations European Union, an analysis of impulse response function Ecuador's trade balance. Demonstrating empirically the impact of the agreements between these integration blocs in the trade balance of Ecuador, to propose corrective measures medium to long term.

Full Text: PDF     DOI: 10.15640/jeds.v5n3a8