Considering the increasing liberalization of global trade and services in recent decades, the associated intensification of transnational economic relations and increased competition of locations, questions about the effects of economic openness as well as the determinants of international competitiveness are becoming increasingly more important.
Therefore, it was examined how increasing (trade) openness affects an economy. The second part of the study dealt with the question, which factors are decisive for export success and on this basis sought to determine which form of sectoral specialization can contribute to preserving or expanding the international competitiveness of an economy.
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