FEATURES OF THE DEVELOPMENT OF WORLD TRADE IN THE CONTEXT OF MODERN THEORIES OF INTERNATIONAL TRADE
Journal Title: Вісник Одеського національного університету. Економіка. - Year 2018, Vol 23, Issue 5
Abstract
The article reveals the peculiarities of organization and development of world trade between different groups of countries and theoretically grounded tendencies of its development. The dynamics of world trade and its structure, volumes of export and import shows that their determining factors in modern conditions are the globalization of all economic processes, the individualization of consumer needs, and the fierce competition between individual countries and their groups. The theoretical comprehension of the mentioned processes provides the opportunity to predict both the general tendencies of development of international trade, and its development between separate countries and groups of the countries.
Authors and Affiliations
L. H. Dolenko, V. O. Pereyaslavskaya
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