The growing importance of Japan on the world market has brought with it changes in the international division of labour and a shift in the focus of the expansion in world trade away from the EC and the USA. What factors determine the shares of the EC, the USA and Japan in international trade?...

The sudden shock of the fivefold increase of the price of oil in the autumn of 1973 has been reflected since in the world trade by structural changes in its composition by categories of goods and its regional distribution. How has the international trade coped with this shock, and which more...

The uprising and military confrontation in Libya that began in February 2011 has led to a disruption of the country’s gas exports to Europe. An analysis of how Europe has compensated for these missing gas volumes shows that the disruption has not affected security of supply. However, this...