International corporations and their types. Reasons for the existence of TNCs. One of the remarkable phenomena of modern economic life is the wide spread of the so-called international corporations. The main distinguishing feature of an international corporation is the ownership, control or management of the means of production in various countries. A prerequisite for this […]
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National Economy: Concept and Main Goals
The concept of “national economy” is one of the most important in economic theory, since it is the national economy that is the object of study at the macro level. What is it and what goals does it pursue? The national economy can be defined as a historically formed system of social reproduction of the […]