Although in this part of the European continent a series of success stories developed over the last years, such as the transnational automotive sector in the middle Danubian area, there is a lack of visibility of small and medium enterprises activity on transnational level. The main aim of our...

Based on the gravity model of international trade, this paper initially analyzes North Korea's international trade pattern, which tends to follow the prediction of the gravity model: a positive relationship between trade and trading partners' GDP, and negative relationship between trade and...