The Development of International Trade in Services: the Case of Lithuania as Emerging Market

Sekliuckiene Jurgita and Langviniene Neringa ()
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Sekliuckiene Jurgita: Kaunas University of Technology, Faculty of Social Sciences
Langviniene Neringa: Kaunas University of Technology, Faculty of Social Sciences

Ovidius University Annals, Economic Sciences Series, 2012, vol. XII, issue 3, 5

Abstract: International trade in services more and more is recognized as a sector with a lot of opportunities to be expanded in the international level market. Lithuania as one of countries which is perceived already as an emerging one has a lot of challenges to think about ways and means how to expand economy of services, entering abroad, what services could be supplied in neighbouring countries, other EU countries or even overseas. Emerging countries are specific one as they grow their economy in very fast rate and create a competitive environment not only between the same countries, but also for developed economies. The specific of international trade shows that transport and travel usually compound the structure of export of service. However findings of the survey shows the Lithuanian challenges to be approved as one of the fastest growing services to be sold abroad economies.

Keywords: international trade in services; development of trade; emerging market; Lithuania (search for similar items in EconPapers)
JEL-codes: F15 M16 O14 (search for similar items in EconPapers)
Date: 2012
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