Types of international services and areas of their implementation

Transport services. Tourism and transport are of the greatest importance in world trade in services. The world’s largest merchant fleet belongs to Japan, followed by the UK, Germany and Norway. The market for freight and passenger transport services is dominated by the United States, followed by the United Kingdom and France. An important place in […]

Monetary system: concept, structure and types

Money plays an exceptional role in a market economy, the functioning of which is based on commodity-money relations. Money is often called the language of the market, since with their help the circulation of goods and resources is carried out. Therefore, the market is impossible without money, without money circulation. Money circulation is a continuous […]

The essence of the basic terms of delivery, the purpose and objectives INCOTERMS

A foreign trade contract of sale, as a rule, involves the movement of goods over a fairly significant distance. When concluding this contract, therefore, it is always necessary to carefully regulate the issues of delivery of goods from the seller to the buyer, its loading, insurance, etc. In the practice of international trade, a number […]