Globalization of the world commodity market transformation at the present stage
Keywords:
international trade in goods, the global transformation, exports, imports, foreign economic relations, nomenclature, product lineAbstract
The article analyzes the latest trends in the market for goods, the quantitative estimation of the process of international trade in goods taken in retrospect its development by countries, integration associations and types of services. It is concluded that the constant growth of the world market of goods, subject to certain periodicity of crises that can be attributed to the fundamental law of increasing human needs. Empirical data showed that the greatest economic success (expressed in volume of exports) have countries that export products processing industries (machinery, chemical industry, electronics, etc.). The analysis using the concentration index of the world 's foreign trade, which is a modification of the Herfindahl - Hirschman index.References
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