The main trends in the development of international economic relations at present are the processes of international economic integration, globalization and transnationalization of the world economy. International economic integration is the convergence and mutual adaptation of national economies, their inclusion in a single reproductive process on an international scale. International economic integration can be characterized […]
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Factors in the development of international economic relations
The formation and development of IER is due to the presence of a number of objective prerequisites at the national and international levels. The prerequisites for the development of IER at the national level include: transition from natural type of management to commodity production; approval of commodity-money relations in order to maximize profits; a qualitative […]
Money Market Equilibrium
The money market model combines the supply and demand of money. At first, for the sake of simplicity, we can assume that the supply of money is controlled by the Central (National) Bank and fixed at the level of . The price level will also be assumed to be stable, which is quite acceptable for […]
State regulation of foreign trade activities in the Republic of Belarus
With regard to the regulatory and legislative framework governing foreign trade activities, I would like to note that a fairly extensive legislative framework has been established in the Republic of Belarus in the form of Decrees of the President of the Republic of Belarus, Laws of the Republic of Belarus, Resolutions of the Council of […]