Work detail

Risk in international trade

Author: Bc. Michaela Svobodová
Year: 2017 - summer
Leaders: Mgr. Michal Paulus
Consultants:
Work type: Bachelors
Language: English
Pages: 63
Awards and prizes:
Link: https://is.cuni.cz/webapps/zzp/detail/185487/
Abstract: The aim of this thesis is to define and classify international trade risks and
provide an overview of key types of international trade operations.
Furthermore, it describes the process of risk analysis, including the following
decision-making, and outlines the most important tools in risk mitigation. Most
importantly it uses a micro-founded gravity model to find a link between
political risk indicators and international bilateral trade flows. Results were
estimated using OLS and Poisson pseudo-maximum likelihood estimator and
multilateral resistance terms were approximated with use of Taylor series and
dummies.
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