Economic aspects of Serbian comparative advantages in exports of vegetable matter

  • Svetlana Ignjatijević, MSc Faculty of Economics and Engineering Management, Novi Sad
  • Ivan Milojević, PhD University of Business Studies Banja Luka
  • Dijana Božić Secretary of the Basic Court, Biljeljina

Abstract

Increase of exports of goods and services is needed in domestic economy in order to reduce foreign trade deficit. Reduction of the negative balance directly affects the level of funds needed to pay for imports and service external debt


The paper points out the tendency of foreign trade and macroeconomic aspects of exports. The paper seeks to quantify the degree of comparative advantage of Serbia's exports of medicinal, aromatic and spice herbs and other raw plant materials.

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References

1. Ignjatijević, S., 2009. Potentials and opportunities for marketing of medicinal plants on the international market in the process of market transformation and adaptation of agriculture in Serbia, Proceedings of the Symposium: The business environment in Serbia and the global economic crisis, Novi Sad. Str. 112
2. Lazic, B., Babovic, J., 2008. Organic agriculture, NIRP Novi Sad, pp. 23
3. Milojevic, I., 2008. Financial tax aspects of creating value companies, the International Academy of Sciences and the Association of Managers of Serbia, Belgrade, pp. 154
4. Statistical Offce: Statistics of foreign trade, the period 2005-2008
5. Stankovic, V., 2005. The competitiveness of Serbian agriculture in the world market, market, money, capital, No.3., Belgrade. Pp. 54
Published
2018-10-09
How to Cite
IGNJATIJEVIĆ, Svetlana; MILOJEVIĆ, Ivan; BOŽIĆ, Dijana. Economic aspects of Serbian comparative advantages in exports of vegetable matter. Economics of Agriculture, [S.l.], v. 57, n. Spec.num.2, p. 161-166, oct. 2018. ISSN 2334-8453. Available at: <http://ea.bg.ac.rs/index.php/EA/article/view/986>. Date accessed: 28 sep. 2020.

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