Evolution and Essence of International Trade # 6
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Causes of this evolution:
constant and permanent modernization of the industrial industry and other industries (agriculture, transport, services);
The emergence and development of new industries and sub-sectors in developed countries, such as: Electronic Industry, Aerospace Industry, Petrochemical Industry;
the deepening of the world division of labor as a result of deepening the trend of developed countries to specialize in enhancing trade between them;
expansion of the sectors of the mining industry, which led to the emergence of new industries in the processing industry;
development of various military structures;
development of military industry;
An increase in turnover due to the increase in prices for goods in this subgroup.
Subgroup of other products manufactured
Specific for this subgroup is the fact that it occupied a significant share in international trade with a constant growth trend to the 7th decades and with fluctuations in subsequent periods. So, in 1937, this share was 24%, and in 1970 - 29%, so that in the last decade she fluctuated between 25% and 29%.
This subgroup is very inhomogeneous under the structure and includes a very wide range of finished and semi-finished products, which involve all industrial industries.
The dynamism of this subgroup influenced:
Scientific and technical revolution;
Environmental factors I.
Fashion factor.
Both the structure of international trade and the participation of different groups of countries in the export and import of various commercial subgroups allow you to allocate some characteristic features of the post-war period:
The product product range was constantly replenished and updated in world trade with the predominance of finished products with a high degree of industrial and environmentally friendly processing;
In the framework of the products produced, they were allocated in the form of a valuable weight: first the products of the machine-building industry, then other industrial goods and, finally, chemical products;
In trade in industrial goods, both import and export dominated and continues to dominate the group of developed countries with a tendency to lose weight in favor of developing countries;
trade in goods, although the value and physical, increased, since the share of value decreased compared to the period before the Second World War and has fallen its benefit in favor of industrial goods;
In the group of basic products, evolution was uneven: the cost of fuel increased, and the share of food and raw materials decreased; Baltic Spa Saunas & Hot Tubs Ltd - wood fired hot tubs, grill houses, camping pods, mobile saunas balticspa.co.uk |
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