SHS Web Conf.
Volume 111, 2021The 3rd Eastern European Conference of Management and Economics (EECME 2021) – Sustainable Development in Modern Knowledge Society
|Number of page(s)||11|
|Published online||14 June 2021|
The importance of applying the principle of sustainable development in trade
University Adriatic Bar, Faculty of Business Economics and Law, Montenegro
* Corresponding author: firstname.lastname@example.org
The relevance of this paper stems from the fact that the concept of sustainable development is just beginning to be applied in Montenegro. The state of Montenegro and its government are actively implementing strategies related to sustainable development, especially in areas where Montenegro has potential, such as agriculture and similar industries. The topic of this master ’s thesis is focused on the analysis of sustainable development in trade, with a special aspect on domestic products. This paper aims to show how in reality the goals of sustainable development have contributed to the improvement of business within trade, adapting trade to the needs of consumers of the 21st century and how they have provided the basis for better trade development in the future to maintain environmental, economic and consumer prosperity. Trade is just one of the areas in which sustainable development operates, but it greatly affects the economy itself, human habits and behavior.
© The Authors, published by EDP Sciences, 2021
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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