THE THREATS TO CROSS-BORDER COOPERATION IN 2017 FROM THE PERSPECTIVE OF CONSUMER SURPLUS AND PRODUCER SURPLUS

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F49777513%3A23510%2F17%3A43931845" target="_blank" >RIV/49777513:23510/17:43931845 - isvavai.cz</a>
Result on the web
—
DOI - Digital Object Identifier
—

Result language
angličtina
Original language name
THE THREATS TO CROSS-BORDER COOPERATION IN 2017 FROM THE PERSPECTIVE OF CONSUMER SURPLUS AND PRODUCER SURPLUS
Original language description
Examples of countries that after the fall of the Iron Curtain seized the opportunity of cross-border cooperation in the field of international trade in the maximum extent are the Czech Republic and the Federal Republic of Germany. The unprecedented growth of mutual trade is based on one of the basic principles of economics built on the recognition that international trade realised on the principle of absolute and comparative advantages increases the economic prosperity of national economies because the gains of the winners exceed the losses of the losers. The condition for the application of the above-mentioned principle is the existence of a common market on which obstacles to the free movement of goods, services, people and capital are removed. The refugee crisis in Europe, Brexit and the growth of protectionism in the USA have raised issues connected with the threats that may damage significantly the mutual cross-border cooperation. When analyzing the pros and cons of international cooperation economists often use two tools: the consumer surplus and producer surplus. This paper is an assessment of how the above-mentioned threats, which renew barriers to international trade, can affect the growth or decline in consumer surplus and producer surplus.
Czech name
—
Czech description
—

Publication year
2017
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
Opportunities and Threats to Current Business Management in Cross-border Comparison 2017
ISBN
978-3-86367-051-1
ISSN
—
e-ISSN
neuvedeno
Number of pages
7
Pages from-to
109-115
Publisher name
Verlag der Gesellschaft für Unternehmensrechnung und Controlling m. b. H.
Place of publication
Chemnitz
Event location
Pilsen
Event date
May 18, 2017
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
000426794300012

Similar results(10)