Development of World Trade in the Context of the COVID-19 Pandemic

Development of World Trade in the Context of the COVID-19 Pandemic

A Case Study on the Czech Republic and the Russian Federation

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This book examines the development of world trade during the COVID-19 pandemic, also taking international trade between the Czech Republic and the Russian Federation into account as a case study. Using an advanced method of artificial neural networks, it evaluates a long time series and predicts the development of trade between the two countries.The book further analyzes the specifications of export items on both sides and the dependence of the Czech Republic on Russia in terms of raw materials, which is not sustainable. It discusses the need for a political and business consensus, as well as ...