Abstract

This article studies the scientific research literature that focuses on the terms related to international trade and sustainability. For this, a bibliometric analysis using the Web of Science database and a cluster analysis on the results obtained carried out. With regard to the results, it can be pointed out that, despite being closely linked, the terms have opposing characteristics and are included in a wide variety of research trends such as those related to agriculture, industry or carbon footprint. This article is of special importance for researchers who want to have a holistic view of international trade and sustainability by identifying its main indicators in the scientific literature.

Highlights

  • International trade is a relevant subject of study, since it provides the basis for developing the economic growth of many countries and, if carried out efficiently, can lead to the development of the market itself, both internally and externally: internally, as it will improve productivity and externally, as the reinvestment of capital will eventually lead to economic growth [1]

  • Assuming the transcendence and importance that the terms international trade and sustainability will have in the coming decades, it is important to observe its evolution within the scientific community

  • The first article was found in WoS on international trade and sustainability dates from 1990

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Summary

Introduction

International trade is a relevant subject of study, since it provides the basis for developing the economic growth of many countries and, if carried out efficiently (better use of resources, lower production costs or increased income.), can lead to the development of the market itself, both internally and externally: internally, as it will improve productivity and externally, as the reinvestment of capital will eventually lead to economic growth [1].Due to the importance and complexity of the subject, there have been several diverse schools of thought in economics that have taken it as a central variable in their economic or growth theories. One of the first theories was developed in the mercantilist school, which was the dominant theory in Western Europe from around the 1500s until 1800 This theory pointed to the importance of surplus in the trade balance [2], that is, when exports exceed imports. In the late eighteenth century, Adam Smith, one of the greatest exponents of classical economics, in his book, The Wealth of Nations, proposed a theory based on how all nations would benefit from free and unfettered trade. It was based on the concept of absolute advantage, which is defined as the difference between costs of production of the same good in different countries [3]. As can be seen, there are many different and often, opposing theories

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