DIVERSIFICATION OF THE FOREIGN TRADE UNDER THE GLOBAL CHANGES

  • Valentyna Pidhirna Yuriy Fedkovych Chernivtsi National University, Ukraine
  • Oleksandra Chubrey Yuriy Fedkovych Chernivtsi National University, Ukraine
Keywords: integration, globalization, export, import, services, crisis

Abstract

The article deals with the topical questions, namely, the priorities and challenges that Ukraine faced with on the way to the FTA creation. From the one hand, there were grounded several one-legged trade preferences given to Ukraine. From the other one, there were considered several obstacles that appeared on the way of integration, among them: the combat operations in our country, crisis period without any “universal remedies” for and the other ones.
It was grounded on the base of statistic materials that the main trade partners in European Union according to the results of last years are: Germany, Poland, Italy. But can be seen the optionality of our country in the system of the world economic connections because of the import dependence on the external supplies, as the part of export in the structure of GDP in 2014 reached 47 %, import – 55 %.
The experience of the country that already passed the stage of integration changes was analyzed, but as we can see on practice it is almost impossible to find the common features of reforms because both Poland and Greece move economy by their own vectors and Ukraine must pay attention to this fact.
It was proved, that to use the competitive advantages for a long time Ukrainian economy must concentrate its activity on the existent natural resources potential, intellectual abilities, industrial development and high technologies.

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Author Biographies

Valentyna Pidhirna, Yuriy Fedkovych Chernivtsi National University
Candidate of Economic Sciences Department of Economic Geography and Environmental Management
Oleksandra Chubrey, Yuriy Fedkovych Chernivtsi National University
Candidate of Historical Sciences Department of Economic Geography and Environmental Management

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Published
2016-06-13
How to Cite
Pidhirna, V., & Chubrey, O. (2016). DIVERSIFICATION OF THE FOREIGN TRADE UNDER THE GLOBAL CHANGES. EUREKA: Social and Humanities, (3), 29-35. https://doi.org/10.21303/2504-5571.2016.00084
Section
Economics, Econometrics and Finance