Limited production resources and problems of choice

The resources of production are always limited in relation to the various limitless needs of society. The limiter of labor as a resource is the total number of the able-bodied population of each country. The quantity of means of production is limited by the productive capacity of the economy in a particular period of time. […]

Classification of production costs (works, services)

The heterogeneity of the costs included in the cost of production, by composition, economic purpose, role in the manufacture and sale of products causes the need for their classification. It is important for improving accounting, planning, identifying ways and reserves to reduce the cost of production. Grouping of costs by economic elements is made on […]

FOREIGN ECONOMIC RELATIONS OF FRANCE

France’s trade balance is active, exports exceed imports, but the growth rate of imports exceeds the growth rate of exports. The share of exports in GDP in 2000 was 23.5%. France is the world’s fourth largest exporter and importer of goods. Commodity exports in 2000 amounted to $307 billion. – 5.7  world exports; commodity imports […]