| Abstract [eng] |
As a small open economy, Lithuania is highly dependent on international trade, therefore trade barriers, tariff and non-tariff shocks have a direct impact on the country's export volumes and economic stability. The aim of this master's final degree project is to assess the impact of international trade barriers on Lithuanian exports. The project discusses trends in international trade barriers, the theoretical basis of trade barriers and methods for assessing their impact on the economy, and assesses the impact of international trade barriers on Lithuanian exports in 2015-2024, with a focus on trade with the US and Russia due to the sanctions imposed on Russia and the US - China trade war. Based on an analysis of scientific literature, it was found that international trade barriers have a negative impact on the economy, which reduces trade volumes, restricts the movement of capital, disrupts global supply chains, and increases production costs. In order to determine whether trade barriers, sanctions, and customs tariffs affect changes in Lithuanian exports, a correlation-regression analysis was performed. It was found that there is a link between sanctions and exports of goods produced in Lithuania, and that sanctions have a statistically significant negative impact on exports of goods produced in Lithuania, while US import tariffs do not have a statistically significant impact on changes in Lithuanian exports. |
