The Douro Demarcated Region

2022 ◽  
pp. 433-450
Author(s):  
Sérgio António Neves Lousada ◽  
Cátia Tabau ◽  
Eduardo Leite ◽  
Andreia Carvalho

This chapter seeks to understand the motivations that lead companies to internationalize and how they do it since this has been a constant challenge for business research. For this purpose, a descriptive research was conducted with a qualitative strategy applied on different companies in the wine sector. International trade is a Portuguese tradition that started and reached its peak in the 16th century with the Portuguese and Spanish discoveries, which justifies this study. The wine industry, particularly in the Douro Region, has also always been closely linked to foreign trade and has even benefited from a historic trade agreement with the United Kingdom. The empirical results show that companies are practically born international. The size of the domestic market was the main justification for the demand for external markets. The constant evolution of markets and industries generates opportunities and potential threats to which companies must be able to respond.

Author(s):  
E.A. Galchenko ◽  

The article examines the current transformation of ASEAN−UK foreign economic cooperation pattern in the context of digitalization of the global economy. Brexit as a manifestation of the European integration crisis has catalyzed diversification of Britain’s foreign trade in services. Southeast Asian nations are becoming the UK’s priority partner in this area. In these circumstances, parties have to choose the model of their future trade agreement and the degree of trade liberalization.


Ukraine's foreign trade is one of the most important means of increasing the state budget, and the European Union is the strongest global economic organization, the largest and best regional market in the world. Therefore, the study of the problems of economic cooperation between Ukraine and the EU in the context of wide and favorable access of domestic enterprises products to the EU markets is becoming increasingly important for achieving a strategic goal. This goal concludes the development of Ukraine`s economy and achievement of a rightful place in the international differentiation of labor. The article considered the socio-economic nature, role and importance of international trade; main problems and prospects of Ukraine's trade with the EU as well as its dynamics and structure, various methods which are applied to analyze the current state of foreign trade of Ukraine with the EU. In our work we analyzed the obstacles of trading between Ukraine and the EU, ways to overcome them and benefits of this trade. The application of the Free Trade Area between Ukraine and the EU contributes to the gradual expansion of Ukrainian export access to European markets under the Association Agreement. The execution of this agreement for Ukrainian business entities simplified the entry to the protected domestic market of EU Member States and gave the opportunity to realize its own competitive benefits in purchase quality and price. Under this Free Trade Agreement Ukraine assumed not only opportunities but also certain obligations on improvement of quality standards and product safety, implementation of reforms in the area of technical regulation, development of quality assurance system and safety food industry. The simplification of goods access to other markets is indirect benefit for Ukrainian manufactures. The entry to the EU markets with high level standards automatically indicates goods quality.


2021 ◽  
Vol 23 (Summer 2021) ◽  
pp. 53-66
Author(s):  
Aslıhan Yördem Atik

In the last century, the importance of foreign trade, particularly net exports of goods and services, in achieving balanced and high-quality economic growth has become increasingly apparent. This certainly applies to Turkey. For example, the Eleventh Development Plan prepared for the 2019-2023 period was determined within the framework of a stable, export-based growth model, in which the industrial sector played a dominant role, focusing on productivity. Recently, the new trade regime between Turkey and the United Kingdom after Brexit has been included among the subjects within the agenda of Turkish foreign trade. The present study aims to find the preliminary clues to understand the extent of the recent trade agreement between two countries, which share deep-rooted trade links, in light of the new UK-EU deal. While one of these countries does not want to lose its position as a candidate country, despite the obstacles and disagreements posed by the EU in the negotiation mechanism, the other has managed to leave the EU as a result of a very intense and complex process, that lasted approximately thirty-four months.


1971 ◽  
Vol 31 (4) ◽  
pp. 804-821 ◽  
Author(s):  
Jean Sylvain Weiller

Economists who have studied the evolution of trade transactions between the two world wars have often stressed the existence of an obvious paradox: despite the disturbances brought about by the war period, the territorial changes, the monetary difficulties and the crises, international trade as a whole and particularly from a structural point of view, had a tendency, after a few years of complete disruption, to return to a pre-war pattern of evolution. Trade flows were returning to a distribution very similar to the one prevailing in 1913, and changes were occurring in the same direction as those of the 1896–1913 period. Certain countries endured great difficulties in the readaptation process, especially the United Kingdom, whose “structural crises” have often been cited. But the very changes that were sources of anxiety for English rulers were less a result of the transformation or the acceleration of pre-war tendencies than of their continuity.


2021 ◽  
Vol 10 (46) ◽  
pp. 217-224
Author(s):  
Petro Matvieiev ◽  
Olga Klepikova ◽  
Liudmila Kornuta ◽  
Mahir Abbaszade ◽  
Serhii Kuznetsov

The article examines the importance of maintaining a balance of public and private interests when using "autonomy of will" in international trade. The relevance of this study is because the field of international transport is dynamic (closely related to the economy), the sphere of public activity that requires constant monitoring and updating. Purpose: to investigate the process of implementation of economic and legal tasks in the field of international transportation, taking into account the entry into force of the new version of the Code of Trade Rules - Incoterms. Methodology: logical-semantic, historical, analytical, comparative analysis, and synthesis. Research results: such foreign economic activity as international transportation is considered, the basic conditions of Incoterms 2020 terms concerning international transportations and conditions of realization by contractors of the economic-legal interests through observance of these conditions are allocated and analyzed in detail. The work can be used in preparation for the conclusion of a foreign trade agreement.


2020 ◽  
Vol 9 (3) ◽  
pp. 87-99
Author(s):  
Nabi Ziyadullayev ◽  
◽  
Ulugbek Ziyadullayev ◽  

The article reveals the features of the international trade, economic and integration priorities of the Republic of Uzbekistan. The conceptual approaches to joining the WTO, diversification of the geography and structure of foreign trade, as well as the expansion of foreign economic cooperation with world and regional powers, the CIS countries and Central Asia are substantiated. Particular attention is paid to risks and building vectors for effective interaction with the Eurasian Economic Union (EAEU), as well as mitigating the effects of the coronavirus pandemic on the national economy.


Economies ◽  
2021 ◽  
Vol 9 (1) ◽  
pp. 21
Author(s):  
Jazmín González Aguirre ◽  
Alberto Del Villar

This paper seeks to assess the effectiveness of customs policies in increasing the resources devoted to controlling and inspection. Specifically, it seeks to analyze whether an increase in the administrative cost of collecting taxes on foreign trade in Ecuador contributes to reducing customs fraud. To this end, we identify and estimate a transfer function model (ARIMAX), considering information on foreign trade such as official international trade statistics report and tariff rates, as well as the execution of budgetary expenditure and Ecuador’s gross domestic product (GDP). The period under study includes quarterly series from 2006 to 2018. The results obtained by the model indicate that allocating greater material and budgetary resources to combat customs fraud does not always achieve the objective of reducing customs evasion.


2020 ◽  
Vol 30 (Supplement_5) ◽  
Author(s):  
Y Tcholakov

Abstract Background Globalization is recognized to as a contributing factor to a health harming environment through a variety of mechanisms including through changes in food systems and food availability. Sugar-sweetened beverage (SSB) consumption is linked to obesity and diabetes and its regulation is a key priority for public health. The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is an international trade agreement between 11 countries. Methods This project uses of natural experiment methods to predict the impact of the entry into force of the CPTPP on SSB consumption. These methods allow quantitative inferences to be drawn in the situations where the exposure is not randomly assigned. Soft drink consumption data was collected from the Euromonitor database for 80 countries from all regions. This data was used to estimate the effect of agreements similar to the TPP. Results Eleven country trade agreement pairs were identified. In 5 cases out of the 11, the exposed country had a higher soft drink consumption at five years after the trade agreement. The effect of the trade agreement exposure for an average country in the sample in a trade agreement was found to be 1.10 (95% CI: 1.01-1.18; p-value: 0.03) after adjusting for GDP and the involvement of the US. In 7 of the 11 member-countries soft drink consumption is expected to increase yielding an average increase of 9.0% in those countries; the changes did not yield statistically significant differences in others. Conclusions This projected extended the use of synthetic methods to the projection of future effects of policy implementation. While it showed that there may be increasing trend of SSB consumption in certain scenarios, this could not be generalized to all cases. This illustrates the wide range of effects of international trade liberalization and highlights that national policy probably plays a strong modulating role on the impact that it has on local food environments. Key messages Globalization can lead to health harming environments and its impacts should further be studied by public health professionals and researchers. Many global policies have the potential to lead to significant health impacts but are negotiated without involving public health experts.


2008 ◽  
Vol 60 (2) ◽  
pp. 147-188 ◽  
Author(s):  
Olivier Accominotti ◽  
Marc Flandreau

Textbook accounts of the Anglo-French trade agreement of 1860 argue that it heralded the beginning of a liberal trading order. This alleged success holds much interest from a modern policy point of view, for it rested on bilateral negotiations and most-favored-nation clauses. With the help of new data on international trade (the RICardo database), the authors provide empirical evidence and find that the treaty and subsequent network of MFN trade agreements coincided with the end of a period of unilateral liberalization across the world. They also find that it did not contribute to expanding trade at all. This is contrary to a deeply rooted belief among economists, economic historians, and political scientists. The authors draw a number of policy lessons that run counter to the conventional wisdom and raise skepticism toward the ability of bilateralism and MFN arrangements to promote trade liberalization.


Author(s):  
Edward D. Mansfield

This chapter surveys the empirical literature on the effects of foreign trade on political-military conflict. There have been three “waves” of work on this topic since 1980. It is argued that the most recent wave differs from earlier waves in various important respects. First, it has made significant headway in addressing the causal mechanisms underlying the relationship between trade and conflict. Second, this wave has addressed a wider variety of aspects of trade, including trade policy and trade agreements. Third, a variety of recent studies have shed new light on the effects of trade on the outbreak of war, as well as the effects of war on the trade ties of combatants. Finally, the third wave of research on trade and conflict has addressed whether the effects of trade stem from market capitalism more generally and whether a simultaneous relationship exists between trade and conflict.


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