Abstract

The study attempts to verify the hypothesis that the positive effects of regional integration processes of international business in developing countries lead to an increase in the value of trade, both in terms of growth rates of exports and imports, as well as an increase in the share of exports and imports in the total exchange inside the created groups. The international integration of developing countries brings them benefits as a result of customs duties and other barriers between themselves being reduced. The growth rate of exports and imports within the group is higher than the rate of growth of trade in the rest of the region and the rest of the world, and the share of exports and imports throughout the internal exports and imports is higher than the share of exports and imports with the rest of the world in total exports and imports.

Full Text
Published version (Free)

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call