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The impact of the new coronavirus outbreak on international trade

Author

Listed:
  • Sergej Ivanovich Dolgov

    (Russian Foreign Trade Academy, Moscow, Russia)

  • Yuri Anatolievich Savinov

    (Russian Foreign Trade Academy, Moscow, Russia)

Abstract

The authors analyze the appearance and development of the new coronavirus outbreak, its impact on manufacturing, in particular on Chinese production of many components supplied to enterprises in the foreign countries, as well as difficulties in transporting these components in international trade. It is noted that the difficulties in international transportation of any goods, including components for maintaining global supply chains, might be solved by application of relevant transport contracts.

Suggested Citation

  • Sergej Ivanovich Dolgov & Yuri Anatolievich Savinov, 2020. "The impact of the new coronavirus outbreak on international trade," Russian Foreign Economic Journal, Russian Foreign Trade Academy Ministry of economic development of the Russian Federation, issue 2, pages 7-18, February.
    • Handle: RePEc:alq:rufejo:rfej_2020_02_7-18
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