Foreign News and Foreign Trade

Abstract

This article presents the results of a search for relationships between news and trade in 33 countries on the basis of data from the 1995 international news flow study. The results prove that the links between trade and news are high in the majority of the countries studied, but there are some important exceptions, like the countries with a unilateral trade flow and a culturally oriented news service (Kuwait), large countries (the US, Russia) and many developing countries. The correlation between news and trade is highest in small industrial countries that are dependent on foreign trade and in which the structure of foreign news differs from the universal structure of foreign news. The comparison of the historical change in news flows in a given country with its international trade indicates that the change in the geographic distribution of foreign trade has an impact on the change in news flows.

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