International trade as a factor of improving agricultural production: A comparative overview of the former Yugoslavia
| Autor: | Dokić Dragan |
|---|---|
| Jazyk: | English<br />Serbian |
| Rok vydání: | 2023 |
| Předmět: | |
| Zdroj: | Megatrend Revija, Vol 20, Iss 1, Pp 47-62 (2023) |
| Druh dokumentu: | article |
| ISSN: | 1820-3159 2560-3329 |
| DOI: | 10.5937/MegRev2301047D |
| Popis: | The modern conditions under which business entities operate are becoming more and more complex and therefore differ to a large extent from the previous period. What is common to the past and recent times is that agricultural producers market the produced goods. The aim of the work is to point out the importance of trade aspects and show how they contribute to the social community. Given that trade enables the exchange of goods and thus contributes to goods being widely available, the example of the produced amount of agricultural products of vegetable and animal origin for the countries of the former Yugoslavia will show to what extent trade exchange affects economic indicators of success. International trade flows have a special importance for the national economy and the global level. No country can base its economic growth on its own resources, and therefore, through international trade exchange, it continuously strives to reflect the growing trend of macroeconomic variables. Through the analytical model, the total value of agricultural production in the period from 2018 to 2020 will be reviewed, and through imports and exports, the value of commodity exchange between the countries of the former Yugoslavia will be shown. Through these data, using the gravity model, it will be shown how the overall geographical environment and the distance between countries affect the process of commodity exchange. |
| Databáze: | Directory of Open Access Journals |
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