War and international trade: Impact of trade disruption on international trade patterns and economic developmen

The disruptions of trade flows due to military conflicts leads to changes in economic structures of countries, to the subsequent changes in trade policies, and to the changes of established trade patterns with impact on position of countries in international trade system. This paper deals with three modern time’s conflicts: Napoleonic Wars, WWI and WWII. <ClickHere> 

THE COMPETITIVE ADVANTAGES THEORETICAL ASPECTS

The Article analyses the concept of competitive advantages, creating competitive advantages, model competitive advantages. It is argued that competitive advantage is influenced by the factors such as infrastructure, the complexity of the business, labor and goods market efficiency, financial market complexity, innovation, technology, institutions of higher education and training, and macroeconomics. It is also believed that equally important for are both external as and internal factors These factors determine whether a company is able to defeat  its rivals and lead the market. Competition has its theoretical models and competitive advantage in the development of strategies as part of the targeted helps companies gain a competitive advantage over the competition. It is important to regularly monitor and examine the target competitors’ strategies to quickly respond to their actions in order to grasp how to overcome them and find themselves in the leadership position it so that to survive and conquer the market.<ClickHere>

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