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

Kód výsledku v IS VaVaI

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Výsledek na webu

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DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

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

Popis výsledku v původním jazyce

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.

Název v anglickém jazyce

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

Popis výsledku anglicky

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.

Druh

D - Stať ve sborníku

CEP obor

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OECD FORD obor

50201 - Economic Theory

Projekt

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Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2017

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název statě ve sborníku

Opportunities and Threats to Current Business Management in Cross-border Comparison 2017

ISBN

978-3-86367-051-1

ISSN

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e-ISSN

neuvedeno

Počet stran výsledku

7

Strana od-do

109-115

Název nakladatele

Verlag der Gesellschaft für Unternehmensrechnung und Controlling m. b. H.

Místo vydání

Chemnitz

Místo konání akce

Pilsen

Datum konání akce

18. 5. 2017

Typ akce podle státní příslušnosti

WRD - Celosvětová akce

Kód UT WoS článku

000426794300012