Transnational Corporations - Key Enablers Globalization

Abstract

Romania, Romanian economic agents have become in recent years present evermore active in world trade. Association agreements agreed with the EuropeanUnion and beyond, opening Romania and Romanian participants ininternational trade relations, prospects of major deep involvement in the worldflow of values and knowledge. But it also means aligning our trade laws toEuropean legislation profile, with priority to Community law and assimilationregulatory provisions of international conventions ratified across Romania aspart of national law rules. Transnational corporations, which operate in morethan one country or nation at a time, have become some of the most powerfuleconomic and political entities in the world today. The United Nations hasjustly described these corporations as “the productive core of the globalizingworld economy.

Keywords

• globalization
• transnational corporations
• global village
• ecommerce