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International Trade of Guatemala and the EU with Bananas
 Chytilová, Zdenka ; Rumánková, Lenka (advisor) ; Kateřina, Kateřina (referee)
The main goal of this thesis is to evaluate two-way trade flows in goods between Guatemala and the European Union, more precisely the import of Guatemalan bananas to the European Union during the period from 2001 to 2009. The thesis focuses on creating a gravity model for the banana trade flows. The exogenous variables in the model are GDP of the EU, GDP of Guatemala, distance and exchange rate. The main goal is achieved by the partial analyses, such as trend analyse of chosen exogenous variables. Two gravity models are assembled: a linear gravity model and a power gravity model. For both variations, there are the verifications as well as the prognosis for the 3 following periods. The results of the research show that a power gravity model is the one more suitable for following the trade flows in bananas between Guatemala and the European Union. The main contribution of this thesis is an establishment of a functional gravity model that could be use in order to follow various trade flows in one commodity between two countries.
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1 Chytilová, Zuzana
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