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Transnational companies are the key drivers of foreign direct investments & major actors in international trade. They are involved in more than two-third of international trade & determine its direction, composition & volume. The relationship between transnational companies & international trade is complex & interwoven, raising the following question: are transnational companies substitutes or complements of international trade? The author explores this relationship. She studies the role of these companies in international trade as a whole & in foreign trade of domestic & host countries. Tables, Figures, References. Adapted from the source document.

The author analyses the development of EU in the new international surroundings during the last decade, also exploring the development of the European Security & Defence Policy (ESDP). The first part treats the changes in international relations, the role of USA & the NATO evolution. With the changes in international relations that are characterized by the relative weakening of USA, the rise of the powers such as China & Russia as well as the process of globalization within the multipolar frameworks, the European Union & its members states are facing the problem of adjusting to the new conditions. The second part of the article overviews the EU development, its geostrategic priorities as well as the development of ESDP. In the last dozen of years, the Common Foreign & Security Policy & the ESDP development have gone through a dynamic evolution. The attempts of the EU countries to emancipate from USA & become a serious factor in international relations imply that it should strengthen its international identity, & the political & military components, in particular. References. Adapted from the source document.

The author analyses the role of services in the international market. Services sector has significant influence on economic growth & efficiency. Share of services in the world market is in contrast with the great role they play in the domestic market. Because of their intangible nature, trade in services is subject to larger limitations than trade in goods. Insufficient data or incomparable data on international trade in services makes this sector hard to analyze. Brought together to solve those problems, a few international organizations have made a Manual on Statistics of International Trade in Services. This & many others are ongoing efforts to set internationally comparable data for future analysis. Tables, Figures, References. Adapted from the source document.