The balance of payments, as indicated above, reflects the flow of real and financial resources between residents and non-residents. These flows accumulate and form reserves. Stocks arising from the international movement of financial resources are recorded in the balance sheet of international investments. The balance of international investment (international investment balance) is a balance of […]
Tag: Place
Regional policy of the European Union
With the formation and deepening of the process of international economic integration in Western Europe, the countries participating in this association became increasingly aware of the need for joint solutions to regional problems, since the existence of serious differences in the development of regions was a noticeable obstacle to the further strengthening of ties between […]
FOREIGN ECONOMIC RELATIONS OF GREAT BRITAIN
One of the most important forms of foreign economic relations for the UK is the export of capital. In terms of direct foreign investment, the country ranks third after the United States and Japan. Profits from the export of capital are twice as high as commodity exports. The geography of capital exports has changed significantly. […]
Small countries of "concession development"
The subgroup includes Jamaica, Suriname, Trinidad and Tobago, Gabon, Botswana, Papua New Guinea. In these countries, large reserves of oil, bauxite, copper were found, the development of deposits is carried out by concessions of the largest mining corporations. The economies of these countries are largely dependent on the prices of the world market for mining […]
Foreign trade of the Republic of Belarus
Currently, the Republic of Belarus among the CIS countries occupies a leading place in terms of foreign trade. The volume of foreign trade turnover of the republic is constantly increasing (Table 1). The export and import quotas range from 45-55%. The main export items are tractors, trucks, refrigerators, watches, televisions, bicycles, tires, chemical fibers, potash […]