Assessment of the role of intermediaries in the current state of the market

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In the article, the author provides an assessment of the role of intermediaries in the international trade market on the basis of existing theory and empirical data. In all the countries studied, the corresponding share of international trade, on average more than 10%, is carried out through intermediaries. Especially small and less efficient firms can export goods due to the presence of intermediaries operating on a larger scale and using economies of scale. In this way, intermediaries can increase the volume of exports and the degree of economic integration of a country, especially when there are appropriate barriers to access to the foreign market. Many firms in emerging markets have access to foreign markets through the presence of intermediaries. As the global market becomes increasingly complex, wholesalers tend to be large in size and have considerable market power

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Intermediaries, current market condition, role assessment, intermediary exporters, developed and developing countries

Короткий адрес: https://sciup.org/14120800

IDR: 14120800

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