371faa4a-aa8b-4681-a7fd-103cc140f57820220315090706463naun:naunmdt@crossref.orgMDT DepositInternational Journal of Economics and Statistics2309-068510.46300/9103http://www.naun.org/cms.action?id=5672126202212620221010.46300/9103.2022.10https://npublications.com/journals/economics/2022.phpIoana-VeronicaAlexa“Dunarea de Jos” University of Galati, Galati, RomaniaSimona ValeriaToma“Dunarea de Jos” University of Galati, Galati, RomaniaDaniela AncutaSarpe“Dunarea de Jos” University of Galati, Galati, RomaniaThe insight of David Ricardo’s international trade theory can be proved by the way he managed to capture the economic problems of his era and by the fact that his theory is still studied and applied in the construction of new economic models and theories. Ricardo has accepted Adam Smith’s idea, that the “absolute advantage” determines domestic output and trade between countries, under the assumption of perfect mobility of factors of production. The aim of this paper is to do an empirical analysis of Ricardo’s model not only to test the validity of his assumptions, but also to see what are the main categories of goods that the European Union, the United States and Japan export and which specialization should each of them choose.31520223152022687211https://npublications.com/journals/economics/2022/a222015-011(2022).pdf10.46300/9103.2022.10.11https://npublications.com/journals/economics/2022/a222015-011(2022).pdfR. David, Principles of Political Economy and Taxation, London: John Murray, Albermarle-Street, 1817, pp. 77-94. K. A. Guillochon Bernard, Economie internationale: commerce et macroeconomie, Paris: Dunod, 2006, pp. 5-10 10.2307/1923892B. Balassa, "An empirical demonstration of classical comparative cost theory," Review of Economics and Statistics, vol. 4, pp. 231-238, 1963. J. a. K. S. Eaton, "Technology, Geography and Trade," Econometrica, vol. 70, 2002, p. 5. E. U. a. S. L. L. Choudhri, "Productivity performance and international competitiveness: A new test of an old theory," Carlton University, 2000. H. J. Choi E. Kwan, Handbook of International Trade, Malden, Massachusetts: Blackwell Publishing Ltd, 2003, pp. 101-102. A. Deardorff, "The Ricardian Model," in Princeton Encyclopedia of the World Economy, 2009. S. René, Le Commerce International, Paris: Armand Colin, 1995, pp. 50-60. "Eurostat" Available at: http://appsso.eurostat.ec.europa.eu/nui/show.do. "The Statistics Bureau of Japan," Available at: http://www.stat.go.jp/english/data/roudou/lngindex.htm. "U.S. Bureau of Labor Statistics," Available at: http://data.bls.gov/pdq/SurveyOutputServlet. "World Trade Organsation," Available