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EN
Since 2005, Czech Republic has succeeded in transforming its economy through international trade surplus. However, Czech Republic’s trade deficits with East Asia are burgeoning, not only in China but also in other East Asian countries. This study provides an insight into Czech Republic’s import/export performance in East Asia during 1999-2011. In this study, the geographic concentration of trade, on a macro view, is adapted to highlight Czech Republic’s new regional market of East Asia in contrast with its trade expansion in the world. In consideration of the general development of world trade, the probability model of trade flows, on a micro view, is employed to investigate Czech Republic’s trade flows of East Asian countries. The result suggests that Czech Republic is bound to encounter continuing trade imbalance with East Asia. Nevertheless, Czech Republic’s trade geographic concentration in East Asia has the potential to relax.
EN
The aim of this study is to realize an analysis of the trade relations between Albania and Greece. Through the study, researchers want to show how trade relations between these countries have changed during the years, and also want to reveal some of the things that dominate these relations. Part of the study will also be the analysis that will help understand the relationship between the trade flows and the Greek GDP. Also, it will be possible to see if these trade flows have experienced any shock during the period taken into consideration. The analysis will be realized by using an econo-metric linear model, and to discover if there has been any shock, the Error Correcting Model will be used. The study proved that Greece is one of the main trade partners of Albania. The volume of the trade flows with Greece represents an important part of the overall trade flows of Albania. Based on the dates analyzed the study revealed that imports composition has changed more in comparison with the exports. The study also revealed that there has been a shock in the trade flows during the period taken into consideration.
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