International Scientific Conference „Business and Management“, 11th International Scientific Conference „Business and Management 2020“

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Developments of the European Union's export directions in the context of the US-EU trade war
Jolanta Solnyškinienė, Beata Černis

Last modified: 2020-06-16

Abstract


The article assesses which countries in the world are most suitable for export such goods as aluminum, steel, cheese, and meat from the European Union in the context of the European Union – US trade wars. The theoretical study is designed to identify factors that promote the export and import of goods and to identify factors that can be used for further multicriteria research. An investigation using multi-criteria methods, EDAS, TOPSIS and SAW, revealed alternative export countries in the context of the EU-US trade war. The calculated RCA index showed the competitiveness of the analyzed products: aluminum, steel, cheese and meat in the selected countries. Another step was a forecast of exports of the analyzed goods and also was made conclusions to which countries are most suitable to export aluminum,steel, meat, and cheese in the context of the European Union-US trade war.

DOI: https://doi.org/10.3846/bm.2020.645


Keywords


export, EU, USA, MCDM, EDAS, TOPSIS, SAW, RCA, forecast, trade war

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