Challenges to the Leadership Position of the European Union in World Trade

Authors

  • Chief Assist. Prof. Dr Monika Moraliyska Department of International Economic Relations and Business, Faculty of International Economics and Politics, UNWE Author

DOI:

https://doi.org/https://doi.org/10.37075/RP.2022.2.09

Keywords:

Common trade policy, Trade power, EU
F1, F13, F15

Abstract

The aim of the article is to determine whether the EU is a world trading power and what the challenges are for maintaining its position in the future. The applied methodology includes: statistical data analysis, descriptive analysis, comparative analysis, SWOT analysis, induction and deduction. The result shows that the EU is a strong trading power globally and that it uses that both for economic benefits and to influence its trading partners in are{~~as~>such as~~} as social rights and sustainable development. It depends on the EU's cooperation with key partners, as well as on linking trade policy to the new challenges.

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Published

2022-07-21

Issue

No. 2 (2022)

Section

Articles

License

Copyright (c) 2022 Monika Moraliyska (Author)

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

Authors retain copyright to their works.

All publications are distributed under the terms of the Creative Commons Attribution 4.0 International (CC BY 4.0) license.

How to Cite

Moraliyska, M. (2022). Challenges to the Leadership Position of the European Union in World Trade. Research Papers, 2, 169-182. https://doi.org/https://doi.org/10.37075/RP.2022.2.09