THE IMPACT OF THE COVID-19 PANDEMIC ON FOREIGN ECONOMIC RELATIONS : Final paper

Ekonomski odnosi s inozemstvom prate robnu razmjenu i intenzivno trgovanje s ostalim državama svijeta. Sve transakcije koje se odvijaju u inozemstvu vidljive su u trgovinskoj bilanci. Završni rad analizira i objašnjava otvorenost gospodarstva, indikatore otvorenosti te izloženost gospodarstva inozemnim šokovima. Analiziraju se i diskutiraju tekući i financijski račun platne bilance (struktura, vrste ulaganja, ponuda i potražnja za inozemnim kapitalom i struktura te potražnje, međunarodni tokovi kapitala, dinamika tokova kapitala, struktura kapitala i ekonomske posljedice) kao i njihov utjecaj na europsko gospodarstvo. Također, analiziraju se i argumentiraju predviđanja ekonomskih stručnjaka oko kretanja inozemne potražnje, FDI i ukupna svjetska ekonomija pod utjecajem pandemije COVID-19. Cilj završnog rada je istražiti utjecaj pandemije COVID-19 na ekonomske odnose s inozemstvom. Nastojat će se dobiti odgovori na istraživačka kako bi se pokušalo utvrditi koliko su ekonomski odnosi u vrijeme pandemije narušeni. Istraživačka pitanja usmjerena su na predviđanje kretanja inozemne potražnje, gubitak radnih mjesta i smanjenje BDP-a.Foreign economic relations are accompanied by trade and intensive trade with other countries. All transactions that take place abroad are visible in the trade balance. The final paper analyzes and explains the openness of the economy, indicators of openness, and the economy's exposure to foreign shocks. The current and financial account of the balance of payments (structure, types of investments, supply and demand for foreign capital and structure and demand, international capital flows, dynamics of capital flows, capital structure and economic consequences), as well as their impact on the European economy, are analyzed and discussed. Also, the predictions of economic experts about the development of foreign demand, FDI, and the overall world economy under the influence of the COVID-19 pandemic are analyzed and argued. The final paper aims to investigate the impact of the COVID-19 pandemic on foreign economic relations. Efforts will be made to obtain research questions that need to be answered to determine how much economic relations were disrupted at the time of the pandemic. Research questions are focused on forecasting foreign demand trends, job losses, and GDP decline