The SNA examines income at the stage of generation, distribution and end-use. The income that institutional units receive as a result of their participation in the production process or the ownership of assets is called primary income. They are paid from the added value created in the production process. The analysis of distribution processes begins […]
Tag: volume
ITALY ECONOMY
Italy is a special country in Europe. This is a young and at the same time ancient state. The capital of Italy – Rome – the center of the ancient Roman Empire – is considered the oldest city in Europe. The time of its foundation is 753 BC. e. However, this is a young state, […]
Modern trends in the development of the world foreign exchange market
International currency markets are the most important links in the global financial system of international economic relations. The growth of currency transactions in the world takes place against the backdrop of global changes in the ratio of trade and financial transactions. In the total volume of non-cash payments, the share of payments for transactions in […]
Classical theories of international trade and their evolution
The centuries-old history of world trade is based on the tangible benefits it brings to the participating countries. During this period, explanations of cause and effect have developed into concrete theories. The general theory of international trade gives an idea of what underlies this benefit from foreign trade or what determines the directions of foreign […]
National wealth: essence, structure and growth factors
National wealth is one of the most important indicators of the country’s economic development, which represents the monetary expression of the totality of use values accumulated by society throughout its history as of a certain date. For the first time, national wealth was calculated by the English economist W. Petty in 1664, in France it […]