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Trade as an influential factor leading to quick improvement of economy is necessary. There are no countries currently that are not obligated to get something from other countries. Consequently, maintaining right relationships between inter alia various governments play a pretty important role in establishing conditions that will be interesting for both sides.
This indicates that investments in proper education of our negotiators plays a pretty popular role regards increasing our chances we reach an interesting agreement. Nevertheless, there are some factors we have no impact on. Firstly, if we would like to acquire resources that play strategic role for our economy, and the second party is aware of it, we have a quite weak negotiation power. As a result, in terms of our trade with our partner we are almost forced to accept less satisfactory conditions. The above shown arguments indicate that we need to invest enough time and money in gathering knowledge about our partner. The more information we have about him, the better for us. This is indicated by the fact that we have an opportunity to carry out a better strategy and be far more likely to achieve more satisfactory profits from the agreement. In the light of the points mentioned above, in terms of analyzing trade we ought to not forget that there are a variety of various factors, which influence its conditions. That’s the reason why, in order to achieve interesting results in this area, we have to consider all of them.