The market is a special form of organization of commodity farming. This is an objective phenomenon of an economy based on commodity production and commodity exchange. Every business entity and a person who makes any purchases or sales is connected with the market. Therefore, the changes taking place in the market are of interest and […]
Tag: Changes
Money: its origin, essence and theories
There are several concepts on the question of the origin of money, but the main ones are rationalistic and evolutionary. The first concept, which arose in the time of Aristotle, prevailed until the end of the XVIII century and explained the origin of money as the result of an agreement between people. Some modern economists […]
The influence of the exchange rate on international economic relations
Acting as a tool for linking the value indicators of the national and world markets, the exchange rate plays an active role in the MEO and reproduction. Using the exchange rate, the entrepreneur compares his own production costs with world market prices. This makes it possible to identify the result of foreign economic operations of […]