"The project ""Fictitious Trading between the Czech and Slovak Schools"" was aimed at cooperation between students of both participating schools as a part of their school subject -the “Fictitious Company”. During two school years, students participated intensely in various business activities - concluding framework contracts, fictitious trading via e-mail and personal participation in fictitious fairs. Thanks to the cooperation of students from the two countries, the principles of international trade were practiced. A side effect of the international communication was the improvement of the students’ language skills. The direct participants of the project were the students of the 3rd and 4th year of the two business academies in the school years 2015-2017, the total of 210 pupils, of which the best 16 of each school were chosen for personal meetings. Indirectly, the project affected and influenced students of all years from both schools, and also the students who were involved in the teaching of fictitious companies within CEFIF organization, who were informed about the project directly at the exhibitions, on the websites of both schools, e-mails and at the promotion of the most successful company at the International Fair of Fictitious Companies in Prague. Some of the project's activities took place within the framework of electronic communication (videoconference, e-mail and social networking). The outputs of the project were questionnaires completed by students at the beginning and at the end of each school year, documentation of fictitious transactions carried out in compliance with the legislation of both countries, reports from personal meetings at fairs and annual reports of all participating companies. All this documentation will be accessible to students in the next school years, which will again improve learning and make it more attractive. The long-term effect on the students who were directly involved in the project is the improvement of their entrepreneurial and social skills, and the ability to decide independently and understand foreign trade issues, which will increase their chances in the job market after their graduation. Also, the teachers of the subject of the “Fictitious Company” can pass on the newly acquired experience and the established contacts of the foreign cooperation to the younger students. The long-term impact of the project is primarily bringing closer students and teachers from two European nations which have much in common linguistically, culturally and historically."