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The Global Competitiveness and Comparative Advantages of Agri-Food Sectors
Abstract
In this chapter the emphasis was put on the analysis of indicators of Agri-food sector at the global level, aimed to point out readers to the level of global competitiveness and comparative advantage of Agri-food sector. After reading this chapter readers will be informed on the current structure of agricultural production. They will be able to understand the connection between changes in arable land in the world with the current trend in agricultural production. Readers will be able to understand the role and significance of agricultural and food products production, as the potential for the performance on international market. Indicators of trade of agri-food products, volume of export/import, balance and the coverage of import by export will be analysed. Readers will be able to evaluate the role of some products in turnover globally. They will understand which products are the carriers of export/import in the world and whether such position is in correlation with the existence of a positive comparative advantage of export and intra-industrial exchange. Readers will find out that the foreign exchange of food has a negative balance, which affects the existence of a negative comparative advantage of agri-food products export. They will be introduced also to other authors' attitudes. Special contribution of this chapter is in defining the directives for future research.
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