LOGISTIC AND EXCHANGE RISKS IN THE ACTIVITIES OF FOREIGN TRADE SUBJECTS

The impact of logistics and currency risks on the selection of potential foreign contractors in the implementation of enterprises foreign trade activities has been grounded in the article. To achieve this goal, the general scientific methods of research were used (method of analysis and synthesis –...

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Main Author: Valentyna Ksendzuk
Format: Article
Language:English
Published: Kyiv National University of Culture and Arts 2018-05-01
Series:Міжнародні відносини: теоретико-практичні аспекти
Subjects:
Online Access:http://international-relations.knukim.edu.ua/article/view/133339
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author Valentyna Ksendzuk
author_facet Valentyna Ksendzuk
author_sort Valentyna Ksendzuk
collection DOAJ
description The impact of logistics and currency risks on the selection of potential foreign contractors in the implementation of enterprises foreign trade activities has been grounded in the article. To achieve this goal, the general scientific methods of research were used (method of analysis and synthesis – to study the essence of the concept of risk interpretation; the method of comparison and statistical observations – in order to distinguish the types of risks that have the greatest impact on the stage of еру potential foreign partners activities selection and evaluation, the method of comparison – to characterize the logistics and currency risks in different countries of the world based on the statistical data analysis). The study examined the essence of the “risk” concept and the necessity of taking into account both negative and positive effects on the trade companies foreign trade activities risk, being the basis for the author’s “risks in foreign trade” definition. It is noted that currency and logistic risks when choosing partners in foreign trade activities is an important stage looking for new external counterparties. The main statistical indicators have been considered (the change of the exchange rate of the Ukrainian hryvnia against the foreign currencies of the countries of the world and the Logistics Performance Index), characterizing the level of currency and logistic risks in the countries of the world, being the basis for making a list of potential importers/exporters for specific Ukrainian business entities involved in goods export and import within searching and assessing foreign trade partners.
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spelling doaj.art-cd2ec0de6b2f44ceba8d875112464b862022-12-21T19:55:17ZengKyiv National University of Culture and ArtsМіжнародні відносини: теоретико-практичні аспекти2616-745X2616-77942018-05-010210411510.31866/2616-745x.2.2018.133339133339LOGISTIC AND EXCHANGE RISKS IN THE ACTIVITIES OF FOREIGN TRADE SUBJECTSValentyna Ksendzuk0Житомирський державний технологічний університетThe impact of logistics and currency risks on the selection of potential foreign contractors in the implementation of enterprises foreign trade activities has been grounded in the article. To achieve this goal, the general scientific methods of research were used (method of analysis and synthesis – to study the essence of the concept of risk interpretation; the method of comparison and statistical observations – in order to distinguish the types of risks that have the greatest impact on the stage of еру potential foreign partners activities selection and evaluation, the method of comparison – to characterize the logistics and currency risks in different countries of the world based on the statistical data analysis). The study examined the essence of the “risk” concept and the necessity of taking into account both negative and positive effects on the trade companies foreign trade activities risk, being the basis for the author’s “risks in foreign trade” definition. It is noted that currency and logistic risks when choosing partners in foreign trade activities is an important stage looking for new external counterparties. The main statistical indicators have been considered (the change of the exchange rate of the Ukrainian hryvnia against the foreign currencies of the countries of the world and the Logistics Performance Index), characterizing the level of currency and logistic risks in the countries of the world, being the basis for making a list of potential importers/exporters for specific Ukrainian business entities involved in goods export and import within searching and assessing foreign trade partners.http://international-relations.knukim.edu.ua/article/view/133339зовнішня торгівляекспортімпортвалютні ризикилогістичні ризикизовнішньоекономічна діяльність
spellingShingle Valentyna Ksendzuk
LOGISTIC AND EXCHANGE RISKS IN THE ACTIVITIES OF FOREIGN TRADE SUBJECTS
Міжнародні відносини: теоретико-практичні аспекти
зовнішня торгівля
експорт
імпорт
валютні ризики
логістичні ризики
зовнішньоекономічна діяльність
title LOGISTIC AND EXCHANGE RISKS IN THE ACTIVITIES OF FOREIGN TRADE SUBJECTS
title_full LOGISTIC AND EXCHANGE RISKS IN THE ACTIVITIES OF FOREIGN TRADE SUBJECTS
title_fullStr LOGISTIC AND EXCHANGE RISKS IN THE ACTIVITIES OF FOREIGN TRADE SUBJECTS
title_full_unstemmed LOGISTIC AND EXCHANGE RISKS IN THE ACTIVITIES OF FOREIGN TRADE SUBJECTS
title_short LOGISTIC AND EXCHANGE RISKS IN THE ACTIVITIES OF FOREIGN TRADE SUBJECTS
title_sort logistic and exchange risks in the activities of foreign trade subjects
topic зовнішня торгівля
експорт
імпорт
валютні ризики
логістичні ризики
зовнішньоекономічна діяльність
url http://international-relations.knukim.edu.ua/article/view/133339
work_keys_str_mv AT valentynaksendzuk logisticandexchangerisksintheactivitiesofforeigntradesubjects