International Economic Relations
University of Oradea
This work was carried out for the course of International Economic Relations taught by Mr.Prof.Dr. Mihai Berinde at the University of Oradea.
At the end of WWII, Europe was completelydevastated. Western Europe, who until the second warhad taken the role as the main center of power anddecision of the world had lost him in favor of twopowers that emerged now, the U.S. and the USSR.For the reconstruction of Western Europe wasessential to American economic aid, known as theMarshall Plan. To administer the pool moneyallocated by America, was created OEEC -Organization for European Economic Cooperation.The Treaty of Paris established the European Coaland Steel Community (ECSC). The idea of puttingtwo basic benefits to the restoration of WesternEurope on a common management had as main aim toliberalize trade in these two products among signatorycountries.The merit of the ECSC is twofold: on the political,encouraged the reconciliation and cooperationFranco-German and opened the way for the Europeancommunity, in economic terms, contributed to therecovery of Europe to liberate the production andtrade of raw materials essential to industry.