Reflection of globalization and integration processes

Abstract

The paper deals with the modelling of globalization and integration processes which fundamentally influence enterprise functioning, subject and business forms in both the internal and external trade. Final output is the result of internationally coordinated production in many sectors. The impact of this process is that costs of inputs are minimized and intermediate products are made in different countries. As capital becomes more mobile and technology facilitates international communication, national borders become more permeable to economic activity. Economic reality that is the aim of this modelling is changing and due to this it is necessary to adjust modelling techniques analysed in this paper.

Keywords

• globalization processes
• global chains
• production model in international environment
• models of foreign trade relationships