Polytechnic University of Valencia Congress, 1st International Conference on Business Management

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Trade relationship analysis among EU members by means of cluster analysis
Fernando García García, Ingrida Grigonytė, Javier Oliver

Last modified: 21-07-2015

Abstract


In order to maintain sustainability of economies it is crucial to understand international trade relationships among different countries as well as economic integration. In this article trade relationships among European Union countries are analysed using method of cluster analysis. The research reveals that there are mainly two kinds of trade relationships among EU countries. A hypothesis to explain trade relationships is proposed.

 

DOI: http://dx.doi.org/10.4995/ICBM.2015.1313


Keywords


international trade; cluster analysis; economic integration

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