The Application of Romanian-German Economic Agreements before and during the Second World War

Abstract

With a predominantly agrarian-industrial feature, Romanian economy represented only a smallpercentage of the world’s economy, however, certain sectors particularly distinguished themselves. Increasedtrade between the two countries was considered to release the tension of the political and economic situationof the two countries, an equally profitable economic agreement being the best solution, on which bothleaders of the two countries agreed from the start. We believe that this report, clearly unfavorable to theRomanian party, is not due exclusively to the Romanian-German economic agreement, as many expertsbelieve, on the contrary, it was meant to be a means by which Germany was to achieve its own economic andpolitical interests, but which, as demonstrated in practice, was considered obsolete even by the Germans, theframe of Romanian-German economic exchanges surpassing its stipulations.

Keywords

• agrarian-industrial feature
• economic agreement
• political and economic concession
• nonequivalent exchanges
• monopoly position