Skip to main content
Disciplines
Automotive Business IT + Informatics Construction + Real Estate Electrical Engineering + Electronics Energy + Sustainability Insurance + Risk Finance + Banking Management + Leadership Marketing + Sales Mechanical Engineering + Materials
Events
DE
EN
Books
Journals
Topic Page
Marketing
Start single access now
Access for companies
EXTENDED SEARCH
Log in
Top
Published in:
Read chapter Read first chapter

2023 | OriginalPaper | Chapter

2. World Trade Development

Authors : Jakub Horák, Veronika Machová, Valentina Vycheslavovna Mantulenko, Tomáš Krulický

Published in: Development of World Trade in the Context of the COVID-19 Pandemic

Publisher: Springer Nature Switzerland

Log in

Activate our intelligent search to find suitable subject content or patents.

search-config
loading …

Abstract

The content of this chapter focuses in more detail on the development of international trade from a historical point of view, mapping its development from its beginnings until now. Attention is paid mainly to the development of economic theories related to international trade and their individual stages (mercantilism, traditional political economy, or neoclassical economy). The text also deals with the current trends in international trade related both to the development of international trade in goods and international trade in services within the EU as well as globally. The chapter further analyses three major leaders in the field of international trade that show large volumes of trade, specifically China, the USA, and Germany. Finally, the chapter acquaints the readers with interesting studies and their results achieved by many researchers that deal with the issue of international trade.

Dont have a licence yet? Then find out more about our products and how to get one now:

Springer Professional "Wirtschaft+Technik"

Online-Abonnement

Mit Springer Professional "Wirtschaft+Technik" erhalten Sie Zugriff auf:

  • über 102.000 Bücher
  • über 537 Zeitschriften

aus folgenden Fachgebieten:

  • Automobil + Motoren
  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Elektrotechnik + Elektronik
  • Energie + Nachhaltigkeit
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Maschinenbau + Werkstoffe
  • Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

inform now

Springer Professional "Wirtschaft"

Online-Abonnement

Mit Springer Professional "Wirtschaft" erhalten Sie Zugriff auf:

  • über 67.000 Bücher
  • über 340 Zeitschriften

aus folgenden Fachgebieten:

  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Versicherung + Risiko




Jetzt Wissensvorsprung sichern!

inform now

Springer Professional "Technik"

Online-Abonnement

Mit Springer Professional "Technik" erhalten Sie Zugriff auf:

  • über 67.000 Bücher
  • über 390 Zeitschriften

aus folgenden Fachgebieten:

  • Automobil + Motoren
  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Elektrotechnik + Elektronik
  • Energie + Nachhaltigkeit
  • Maschinenbau + Werkstoffe




 

Jetzt Wissensvorsprung sichern!

inform now
previous chapter Introduction
next chapter Development of the World Trade in the Context of the COVID-19 Pandemics
Literature
Bartl M, Krummaker S (2020) Prediction of claims in export credit finance: a comparison of four machine learning techniques. Risks 8(1):2–27CrossRef
Belloumi M, Alshehry A (2020) The impact of international trade on sustainable development in Saudi Arabia. Sutainability 12(3):5421CrossRef
Dorobăț CE (2015) A brief history of international trade thought: from pre-doctrinal contributions to the 21st century heterodox international economics. J Philos Econ: Reflect Econ Soc Issues VIII(2):106–137
Dziubanovska N (2019) Multifactor models for studying the EU countries’ international trade. Econ Ann-XXI 175(1–2):29–34
Fu H (2011) The prediction of China’s imports and exports structure based on Markov model. In: Recent advance in statistics application and related areas, pts 1 and 2, pp 593–597
Fürst R, Pleschová G (2010) Czech and Slovak relations with China: contenders for China’s favour. Eur Asia Stud 62(8):1363–1381CrossRef
Gil-Pareja S, Liorca-Vivero R, Martinez-Serrano JA (2017) Does the degree of development matter in the impact of banking crises on international trade? Rev Dev Econ 21(3):829–848CrossRef
Havrlant D, Husek R (2011) Models of factors driving the Czech export. Prague Econ Pap 20(3):195–215CrossRef
Hesselberg Y (2007) Eli Heckscher, international trade and economic history. Scand Econ Hist Rev 55(3):309–311
Jawaid ST, Waheed A (2017) Contribution of international trade in human development od Pakistan. Glob Bus Rev 18(5):1155–1177CrossRef
Krugman PR, Obstfeld M, Melitz M (2012) International economics: theory and policy. Prentice Hall, New Jersey. isbn:978-0-13-214665-4
Krulický T, Brabenec T (2020) Comparison of neural networks and regression time series in predicting export from Czech Republic into People’s Republic of China. In: Paper presented at Innovative Economic Symposium 2019 – Potential of Eurasian Economic Union (IES2019)
Kushnruk V, Ivanenko T (2017) Analysis of trends and prospects for development of export and import of goods and services by enterprises of Ukraine at the regional level. Balt J Econ Stud 3(5):252–259CrossRef
Li D, Yeh C, Li Z (2008) A case study: the prediction of Taiwan’s export of polyester fiber using small-data-set learning methods. Expert Syst Appl 34(3):1983–1994CrossRef
Machová M, Mareček J (2020) Machine learning forecasting of CR import from PRC in context of mutual PRC and USA sanctions. SHS web of conferences: innovative economic symposium – potential of Eurasian Economic Union (IES) 73. ISBN: 978-2-7598-9094-1
Mullen MR, Doney PM, Ben Mrad S, Sheng SY (2009) Effects of international trade and economic development on quality of life. J Makromarketing 29(3):244–258CrossRef
Narayan PK (2006) Examining the relationship between trade balance and exchange rate: the case of China’s trade with the USA. Appl Econ Lett 13(8):507–510CrossRef
Nwoke (2020) Imposition of trade tariffs by the USA on China: implications for the WTO and international trade law. J Int Trade Law Policy 19(2):69–84CrossRef
Ozbek A, Akalin M, Topuz V, Sennaroglu B (2011) Prediction of Turkey’s Denim trousers export using artificial neural networks and the autoregressive integrated moving average model. Fibres Text East Eur 19(3):10–16
Pacheco-Lopez P (2005) The effect of trade liberalization on exports, imports, the balance of trade, and growth: the case of Mexico. J Post Keynes Econ 27(4):595–619
Rowland Z, Suler P, Vochozka M (2019) Comparison of neural network and regression time series in estimating the Czech Republic and China trade balance. In: Innovative economic symposium 2018 - milestones and trends of world economy (IES2018), 61
Seyoum B (2014) Export-import theory, practices, and procedures, 3rd edn. Routledge, New York. isbn:978-0-415-81837-7
Shoiw MT (2013) Trade flows between Czech Republic and East Asia. Rev Econ Perspect 13(3):146–158CrossRef
Vochozka M, Rowland Z (2020) Forecasting trade balance of Czech Republic and People’s Republic of China in equalizing time series and considering seasonal fluctuations. In: Paper presented at Innovative Economic Symposium 2019 – Potential of Eurasian Economic Union (IES2019)
Zhang Q (2016) Prediction on China’s merchandise exports based on BP neural network associated with sensitivity analysis. In: Modern computer science and applications, pp 351–356
Zhang HS, Meng B, Ma SZ (2018) Determinants of China’s bilateral trade balance in global value chaos. J Int Trade Econ Dev 27(5):463–485CrossRef
Zhang X, Xue T, Stanley HE (2019) Comparison of econometric models and artificial neural networks algorithms for the prediction of Baltic dry index. IEEE Access 7:1647–1657CrossRef
Metadata
Title
World Trade Development
Authors
Jakub Horák
Veronika Machová
Valentina Vycheslavovna Mantulenko
Tomáš Krulický
Copyright Year
2023
Book
Development of World Trade in the Context of the COVID-19 Pandemic

Print ISBN: 978-3-031-27256-1

Electronic ISBN: 978-3-031-27257-8

Copyright Year: 2023

DOI
https://doi.org/10.1007/978-3-031-27257-8_2