Original scientific paper

Modern entrepreneurship in correlation with foreign trade

Marina Gašić ; Hrvatska
Matej Galić ; Belje d.d. /PC Remont, Osijek, Hrvatska

Abstract

In the current time of globalization where is wide availability of information, knowledge, goods and services, but where competition is extremely intense, to succeed in a demanding market should pay attention to international (foreign) trade, and how international trade can improve job operations. For the modern entrepreneur, international trade provides opportunities of importing necessary resources that are not available or they are expensive in the domestic market, and then launching its goods and services in foreign markets where better prices can be achieved and where is the greater demand. This paper considers the recent theory of foreign trade in which the authors seek to explain the functioning of modern foreign trade under different economic conditions, availability of resources or relative supply and demand of the product.

Keywords

international trade; theory; modern enterprise (entrepreneur)

Hrčak ID:

130181

URI

https://hrcak.srce.hr/130181

Publication date:

1.6.2012.

Article data in other languages: croatian

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