scholarly journals Foreign trade of Russia and Vietnam: modern trends and prospects of development

Upravlenie ◽  
2020 ◽  
Vol 8 (4) ◽  
pp. 31-41
Author(s):  
B. A. Anikin ◽  
O. B. Anikin ◽  
N. Q. Thyong
Keyword(s):  
International Trade ◽  
Foreign Trade ◽  
Statistical Data ◽  
Current Status ◽  
Forecasting Model ◽  
System Of Equations ◽  
Initial Value ◽  
Trade Relations ◽  
The Subject ◽  
Predicted Values

The subject of this study is trade between Russia and Vietnam. The purpose of the study is to identify historical features, prevailing trends, development trends, current status and prospects for the development of international trade between the specified countries. The research method is based on the logistics function of P.F. Verhulst and consists of: 1) selecting predicted values, initial value and indicators used for forecasting; 2) calculating the indicators necessary for compiling a system of equations; 3) forming a system of equations and solving it; 4) calculating forecasted indicators; 5) building a graphical forecasting model; 6) formulating conclusions. The paper presents a historical overview of trade relations between Russia and Vietnam. The study develops a mathematical model for forecasting exports and imports of Russia and Vietnam by individual indicators until 2025. The authors perform the calculation using statistical data for the period 2011–2018. The article presents the results of calculations graphically. Based on the results of calculation the paper formulates the main directions, trends and prospects for the development of foreign trade of both countries until 2025. The results of the study can be used to teach disciplines that deal with trade issues between Russia and Vietnam. The research materials may be of interest to business companies and government agencies dealing with issues related to international trade and forecasting.

scholarly journals The role of factoring in international trade financing

2020 ◽  
Vol 3 ◽  
pp. 36-41
Author(s):  
Tural Alasgarli ◽  
Keyword(s):  
International Economic ◽  
International Trade ◽  
Foreign Trade ◽  
Economic System ◽  
20Th Century ◽  
Trade Finance ◽  
Trade Relations ◽  
Trade Financing

As 20th century ends, international economic system has gained new characteristics, international trade and its finance has reached at a different aspect. Parallel to the increasing trade relations, new technics of foreign trade finance has been widely available. Among them, factoring was evaluated in this study.

scholarly journals British-Slovak Foreign Trade Relations: Consequences of Brexit

2019 ◽  
pp. 341-353
Author(s):  
Marcel Kordos
Keyword(s):  
European Union ◽  
Foreign Trade ◽  
Policy Instruments ◽  
Current Status ◽  
The European Union ◽  
Economic Relations ◽  
Trade Relations ◽  
The Future ◽  
The Uk ◽  
The Impact

The possibility of the UK's withdrawal from the European Union has never been more realistic and up-to-date since joining the European Communities (EC) as it is today. The UK is facing a unique situation. At present, this depends solely on the capabilities of European and British government officials, who negotiate the terms of withdrawal and future cooperation between the two entities. The main goal of this paper is based on the British – Slovak trade relations development analysis to figure out their impact within the Brexit consequences on the future Slovak economy and its current status in international economic relations. The paper also provides a basic overview of Brexit process and its possible impact on the EU's further functioning. Basic data will be drawn from generally accepted institutions, evaluating the UK and Slovak trade and economic performance. To accomplish this goal, methods such as analysis and comparison to illustrate the UK-Slovak foreign trade development, synthesis and logical deduction to discuss the Brexit impact on Slovak economic environment in the future are to be used; data from scientific and professional publications, periodical and non-periodical press. The paper presents the results of an empirical analysis, which showed that because of the size of economic relations between Slovakia and the United Kingdom and the number of goods and services being exported to the UK, the «hard» Brexit will be very unfavourable for Slovak foreign trade due to the possible tariffs being imposed. The research empirically confirms and theoretically proves that it can cause a significant weakening and slowdown in the Slovak economy. Either way, the upcoming Brexit process, that is the withdrawal of Great Britain from the European Union, would have a major impact not only on British, European but also on the world economy. The impact of Brexit on Slovakia's economy will not only be in reducing the possible growth of the economy, but also in employment and price increases. Keywords: EU single market, Britain's withdrawal from the EU, foreign trade policy instruments analysis, international economics, Slovak economy slowdown prediction, Slovak foreign trade commodity structure analysis.

scholarly journals Structural Changes in Foreign Trade as a Factor of Competitiveness of the Republic of Serbia

2020 ◽  
Vol 58 (2) ◽  
pp. 149-170
Author(s):  
Goran Milovanović ◽  
Sandra Milanović ◽  
Goran Radisavljević
Keyword(s):  
International Trade ◽  
Foreign Trade ◽  
World Trade ◽  
Manufacturing Industry ◽  
Structural Changes ◽  
Statistical Data ◽  
Research Question ◽  
Technological Structure ◽  
The Republic

AbstractThe paper aims to analyse structural changes in foreign trade based on systematic statistical data as a factor of competitiveness of the Republic of Serbia. First, contemporary tendencies in international trade are analysed, where the value and volume of world trade are monitored, as well as key changes in the structure of world exports and imports in the observed period. By assessing the position of the Republic of Serbia in international trade, it is necessary to consider the extent to which the foreign trade of the Republic of Serbia adapts to the structural changes in world trade. Then, the structure of the merchandise exchange of the Republic of Serbia according to the purpose of the product is examined as well as the structure of the merchandise exchange according to sectors and commodity groups. Later in the paper, the achieved development of the industry is questioned, where the focus of the analysis is put on the quality of exports and the international competitiveness of the manufacturing industry, which in the Republic of Serbia produces most of the exchangeable goods. The last part of the paper deals with the analysis of the technological structure and factor intensity of Serbian goods exports. In this way, the research question is answered that there is a need for structural changes in production and foreign trade in the Republic of Serbia in order to improve its competitiveness.

scholarly journals Analysis of the impact of tariff preferences on the foreign trade of the Russian Federation and the Republic of Serbia

Upravlenie ◽  
2020 ◽  
Vol 8 (4) ◽  
pp. 42-50
Author(s):  
D. E. Barsegyan
Keyword(s):  
European Union ◽  
Foreign Trade ◽  
Free Trade ◽  
Russian Federation ◽  
Statistical Data ◽  
The European Union ◽  
Trade Relations ◽  
The Russian Federation ◽  
The Republic ◽  
The Impact

The article considers the dynamics and structure of foreign trade of the Russian Federation and the Republic of Serbia, as well as the impact of tariff preferences on foreign trade between two countries. The analysed measures were: dynamics of the Russian Federation’s exports to the Republic of Serbia, dynamics of the Russian Federation’s imports from the Republic of Serbia, tariff preferences applied between countries. The article provides statistical data on the dynamics and structure of foreign trade of the Russian Federation and the Republic of Serbia for 2010–2019 and their dependence on the application of tariff preferences, as well as indicators of trade between the EAEU and the EAEU member states with the Republic of Serbia for 2017–2019. The paper analyses the possible directions of Serbia’s participation in the EAEU and the European Union, assesses the benefits of creating a free trade zone between the EAEU and Serbia, as well as the costs of Serbia’s integration into the European Union. The importance of tariff preferences in the development of foreign trade relations between Russia and Serbia is shown.

Tools for Protecting Agri-Food Markets in Trade Unions

2020 ◽  
pp. 29-34
Author(s):  
E.Yu. Frolova ◽  
Keyword(s):  
International Trade ◽  
Foreign Trade ◽  
Russian Federation ◽  
Trade Unions ◽  
International Markets ◽  
Food Markets ◽  
International Policy ◽  
Trade Relations ◽  
Regulatory Measures ◽  
The Russian Federation

Regulation of international trade relations is an essential part of international policy. The article provides a classification and describes the features of the main trade and economic unions of countries, analyzes measures and tools for organizing international trade and protecting domestic agri-food markets of countries that are members of these unions, and also reveals the principles on which their work is based. We consider the effect of certain regulatory measures for countries where food exports or imports play a significant role in their economy. Examples are given of situations in which countries or unions decide to use certain tools. The example of the Russian Federation shows how the use of tools for regulating foreign trade operations affects the domestic market and describes the obstacles that Russian food exporters may face when entering international markets.

scholarly journals ANALYSIS AND INTERPRETATION OF QUR'ANIC AYATS ON HARAM AND HALAL FOODS

2020 ◽  
Vol 4 (40) ◽  
pp. 27
Author(s):  
Aga Khaisam
Keyword(s):  
International Trade ◽  
Islamic Law ◽  
Rapid Development ◽  
Theoretical Development ◽  
Practical Application ◽  
Research Results ◽  
Trade Relations ◽  
The Holy Quran ◽  
Halal Food ◽  
The Subject

The relevance of the research topic due to the rapid development of the standard of the Halal industry, which primarily includes food products. In some cases, falsified products are produced under this brand. This is usually due to a lack of knowledge of the religious requirements of this standard. The subject of the study is the Ayats of the all turn to what is said in the Holy Quran. The scope of the research results: theoretical development of courses and textbooks on Islamic law, development of Halal standards. Practical application of the research results can be found in the production of Halal standard products, in establishing international trade relations and in organizing a tourism business that meets Halal standards .Keywords: Islam, Islamic law, Quran, Ayah, Halal, haram, Halal standard, Halal food, Halal industry, international trade, pork, carrion, alcohol.

scholarly journals Romania’s foreign trade with the European Union in 2008

2010 ◽  
Author(s):  
Ancuta Stangaciu
Keyword(s):  
European Union ◽  
International Trade ◽  
Statistical Analysis ◽  
Foreign Trade ◽  
Trade Flows ◽  
The European Union ◽  
Trade Relations ◽  
Wide Range ◽  
Trade Partners ◽  
Statistical Analysis Methods

In this study, I proposed to analyze the spatial concentration of international trade flows between Romania and the European Union both overall and by the sections of the Combined Nomenclature. Using statistical analysis methods such as square and Gini’s index or Onicescu informational energy, I concluded that Romania’s main trade partners are Italy, Germany and France and trade relations with these 3 countries are characterized by exchanges of good to cover, generally a wide range of products.

A Literature Survey on Extensive and Intensive Margins in International Trade

2021 ◽  
pp. 124-136
Author(s):  
Burcu Berke
Keyword(s):  
International Trade ◽  
Foreign Trade ◽  
Literature Survey ◽  
Export Growth ◽  
Global Trade ◽  
Extensive Margin ◽  
Exporting Firms ◽  
Trade Relations ◽  
Extensive And Intensive Margins ◽  
Trade Partners

Products and firms are homogeneous in traditional foreign trade theories; products show no horizontal or vertical differentiation. It is observed that growth in exports is only related to an increase in export quantity and that this is not decomposed into margins. Since Melitz's work, there has been an increase in studies that decompose the firms' heterogeneity and export growth in foreign trade into extensive and intensive margins. The concepts are addressed in the literature known as “new-new” foreign trade theories which include extensive margins, the number of exporting firms, the number of new trade partners, and the volume or variety of exported products. In brief, the growth of global trade is the result of new trade relations (extensive margin) or a rise in existing trade relations (intensive margin). As one of the rapidly developing trade theories in international economics, the main purpose of this study is to conduct a literature survey on the extensive and intensive margins of export growth.

scholarly journals Practical Problems of Legal Regulation of Customs Duties Developing an International Trade Between the Republic of Lithuania And East Asian Countries

2016 ◽  
Vol 11 (2) ◽  
pp. 103-127
Author(s):  
Gediminas Valantiejus
Keyword(s):  
International Trade ◽  
Foreign Trade ◽  
East Asian ◽  
National Level ◽  
Asian Countries ◽  
Commercial Policy ◽  
Trade Relations ◽  
The Republic ◽  
Trade Partners ◽  
The Eu

Abstract For more than ten years (since 2004) the Republic of Lithuania is a member of the EU and is realizing its economic and trade relations with other foreign countries, and regulating customs duties according to the requirements of the EU Common Commercial Policy. However, in the recent years foreign trade (in particular - exports of goods) remained one of the main factors which increased an economic growth (recovery) in the Republic of Lithuania after the global economic crisis of the world, which began in 2008. In this context, the search for new markets and expansion of trade relations with new trade partners in Asia became essential in order to diversify the structure of the national economy and avoid dependence on traditional trade partners, such as Russia. Taking into account this strategic goal, the article seeks to answer a question whether an existing foreign trade regulation system ensures the status of Lithuania as an attractive partner of foreign trade with East Asian countries (Taiwan, Hong Kong, South Korea and Singapore) and what regulatory instruments (customs duty rules and procedures) should be used on the national level to ensure cooperation with these countries. In order to answer this problematic question, the first chapter of the article overviews general tendencies in Lithuanian foreign trade with the countries of East Asia, while the second chapter is dedicated to describe regulatory regime for import customs duties on the national level (in line with the major provisions of the EU Common Commercial Policy). The practical problems and obstacles to international trade are presented in the third chapter and are illustrated by the examples of case law, which was formed in disputes relating to the decisions and actions of Lithuanian national customs authorities for the period from 1 May, 2004 (since entry to the EU)).

scholarly journals Modalities of international contracts in trade of goods: Legal review

2020 ◽  
Vol 17 (4) ◽  
pp. 107-124
Author(s):  
Radica Pavlović
Keyword(s):  
International Trade ◽  
Comparative Analysis ◽  
Foreign Trade ◽  
Scientific Disciplines ◽  
Legal Effect ◽  
The World ◽  
Modern Business ◽  
Transnational Companies ◽  
Business Conditions ◽  
The Subject

The subject of the paper is to point out the effect of the modality of the contract on the sale of goods in international trade, given that in modern business conditions due to globalization, deregulation and market liberalization, foreign trade has reached enormous proportions in the world. and business relations, given that they, in modern business conditions and through the development of multinational and transnational companies lead to a huge expansion of the range of goods that become the subject of economic turnover and thus contracting given that the contract of sale has both economic and legal effect. Today, modern regulations and relations of purchase are being established and commented on, and therefore the goal is to present a review of the modalities of contracts in international trade in order to make the best possible genesis, comparative analysis and understanding of necessity in modern imperative and causal norms. Inclusion of other scientific disciplines in the adoption of regulatory norms and the study of this field, considering all aspects of their actions.

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