CIS: FREE TRADE MARKET AND FOOD SECURITY OF THE RUSSIAN FEDERATION

The authors in the article analyzed the CIS customs legislation, particularly the provision of tariff preferences to declarants of food and agricultural products in the conditions of free trade of the CIS countries. The authors also evaluated the impact of the market of these goods on the food security of Russia. The authors highlighted fragments of the history of creation, development of the CIS, modern relations, strategy and prospects for improvement.

Civil liability of taxi-aggregation companies: Between contract and tort law

Technical and information progress undoubtably have an influence on the trade market and the consumer service sector of the modern economy. The sphere of taxi companies is no exception. When a user downloads a taxi-aggregation company’s application and orders a taxi, using its information about a carrier, this causes uncertainty in the qualifcation of the legal relationship between aggregator, carrier, and consumer. This ambiguity becomes critical if non-performance of the contract causes injury or non-pecuniary loss to a passenger. In this case, a concurrence arises between contact and tort qualifcation of the claim against the carrier and/or aggregator. The essay examines approaches to the distribution of liability between the aggregator, the carrier, and other persons who could contribute to causing harm, from the point of view of contract and tort law.

Post-Cricis Management in the Hungarian Automobile Dealership Sector

Although it is one of the world’s most successful industries, the automotive industry was one of the biggest losers of the economic crisis of 2008. The crisis caused negative effects throughout the automobile supply chain, but research about this period has been focused on car dealerships. The objective of this paper is to provide insight gained from comprehensive research conducted in the Hungarian car trade market through in-depth interviews with car dealership owners and a wide questionnaire survey with the managers of car dealerships. The paper focuses on crisis management measures of the post-crisis period. Statistical methods were applied in the analysis of the questionnaire, such as cross-tabulation analysis, chi-squared tests, cluster analysis, variance analysis, and Tukey-type HSD. The study explores the factors and tools for surviving the crisis. Research results confirm that focusing on sales, customer service, and quality are the key factors for keeping and increasing competitiveness and market position

Problems and Countermeasures of International Trade Financing of Small and Medium-Sized Enterprises in China

Small and medium-sized enterprises are the foundation of China’s national economy, and they are important forces to promote economic and social development. They play an irreplaceable role in promoting scientific and technological progress, increasing social employment, expanding foreign trade, and other aspects in which they have become an important part of China’s socialist market economy. Based on the research background of international trade financing, this paper analyzes the problems existing in the international trade financing of small and medium-sized enterprises in China to put forward countermeasures and suggestions, hoping to help these small and medium-sized enterprises solve the financing problem so as to achieve a healthy development in the international trade market environment.

STATISTICAL ANALYSIS OF THE DEVELOPMENT OF THE WORLD ELECTRONIC TRADE MARKET

Nowadays e-commerce develops rapidly. Volumes of online sales grow globally. E-commerce forms a separate sector of the economy. Moreover, e-commerce is at the peak of its popularity. The article aims to analyze the development of the e-commerce market worldwide and to identify the further prospects of its development. The article analyzes the world e-commerce market. The volumes of products online-sales in the dynamics since 2014 are determined. The volumes of sales in the e-commerce market by regions of the world are studied. The largest one is the Asia-Pacific region. It accounts for 62.6% of all e-commerce sales. It is followed by the North American region (19.1% of all global e-commerce sales) and the Western Europe region (12.7% of all global e-commerce sales). It is established that global sales figures are significantly influenced by China and the United States of America. These countries rank the first and the second places responsively in the world in terms of products’ sales in the e-commerce market. Similar indicators for the European e-commerce market are analyzed. The dynamics of the growth of online shoppers in different European countries are determined. The payment methods that online shoppers use most often are highlighted. The most popular methods in many countries are debit and credit card payments. Nevertheless, German online shoppers prefer ELV payments, and online shoppers from the Netherlands choose IDEAL. The most popular categories of online products are small appliances, books, clothing and shoes, computers and accessories, tickets. People like to buy online products at lower prices and universe products. The reason is that the target audience of universe products is not limited by age, body composition, psychological complexes, and other factors that can potentially reduce interest in the products. The results of this study determine the expediency and perspective directions of world e-commerce development.

Estimating Finance Results of Retail Companies

On present day Russian retail trade market, which is an integral part of society, there are a lot of different companies. To continue their work companies shall analyze numerous finance figures that are closely connected with each other. Changes in one of them can cause changes in others, which shows the importance of choosing an adequate indicator that could foster higher efficiency of company’ work in general. The principle goal of the article is to show the essential finance indicators of retail companies, on whose foundation policy of efficient management is built. The author studies drag points that hinder more efficient development of the company in the field of retail trade, he also reveals the lines that can help companies improve their work. The biggest participants of retail market are analyzed, such companies as ‘Magnit’, ‘Detskiy Mir’, ‘M. Video’, ‘Lenta’. On the basis of open data of their accounting reports the article studies figures of their profitability, turnover, finance stability, average-weighted capital value, defines the effect of finance leverage and proposes lines in which companies can raise their efficiency by changing the current policy.

Optimization of an Untargeted DART-HRMS Method Envisaging Identification of Potential Markers for Saffron Authenticity Assessment

Saffron is one of the most expensive agricultural products in the world and as such, the most commonly adulterated spice, with undeclared plant-based surrogates or synthetic components simulating color and morphology. Currently, saffron quality is certificated in the international trade market according to specific ISO guidelines, which test aroma, flavor, and color strength. However, it has been demonstrated that specific adulterants such as safflower, marigold, or turmeric up to 20% (w/w) cannot be detected under the prescribed approach; therefore, there is still a need for advanced and sensitive screening methods to cope with this open issue. The current investigation aims to develop a rapid and sensitive untargeted method based on an ambient mass spectrometry ionization source (DART) and an Orbitrap™high-resolution mass analyzer to discriminate pure and adulterated saffron samples with either safflower or turmeric. The metabolic profiles of pure and adulterated model samples prepared at different inclusion levels were acquired. Unsupervised multivariate analysis was carried out based on hierarchical cluster analysis and principal component analysis as first confirmation of the discriminating potential of the metabolic profile acquired under optimized DART-HRMS conditions. In addition, a preliminary selection of potential markers for saffron authenticity was accomplished, identifying compounds able to discriminate the type of adulteration down to a concentration level of 5%.

Future Tradeoff under Fourth Industrial Revolution in Bangladesh: A Study on RMG Sector

Bangladesh's government has taken the 7th Five Year plan to implement Sustainable Development Goals (SDGs) by promoting favorable trade policies along with industrialization, digitization, and inclusive development. Hence, well-running trade is considered as the promising indicator to achieve SDGs which is growing exponentially in our country. Here, the Readymade Garment (RMG) is the most influential trading sector to contribute enormously in the export-earning. In recent times, the sector is facing massive changes due to the automation of the Fourth Industrial Revolution (FIR). To sustain in this digital competitive trade market, has become a major challenge for the small RMG industries. A huge number of Small and Medium Enterprises (SMEs) in our country have already been shut down due to automation. The large factories are also changing their manufacturing system by installing automation to cope with the demand for global competition. These are creating an unstable condition for RMG trade. The government needs to take a strategic and integrated plan immediately to gain the competitive advantage of FIR. Otherwise, Bangladesh will lose the international market for the RMGs of the country.