Determination of the seasonal component of the time series

Depending on the nature of seasonal fluctuations, two types of models are distinguished – additive and multiplicative. According to the additive model, the time series with seasonal fluctuations is represented as: where:         is the value of the predicted variable for the -th point in time;         – trend […]

Foreign trade policy of the state

Countries occupying a different position in the world economy in general and in various commodity markets in particular, pursue a certain foreign trade policy to protect their interests. Foreign trade policy is a purposeful influence of the state on trade relations with other countries. The choice of national foreign economic policy is significantly influenced by […]