In an economy, the most important are the relationships of the balance of payments, which includes the main operations of the external sector of the economy, with the corresponding indicators of the domestic sector – items of national income and gross national product, the monetary sector and the public sector. In each of these accounts, […]
Tag: Reasons
Types of international economic transactions
International economics deals with international economic transactions and their relationship to domestic transactions in each of the sectors of economic activity. The classification of types of international economic transactions in the SNA is close to the classification of balance of payments items, which is considered in detail in the following lectures. Crucially, according to the […]
The essence, types and functions of wages, the principles of its organization
The solution to the problem of increasing labor productivity largely depends on the material interest of the employees of the enterprise, which is reduced to an increase in their incomes. A special, central role in the structure of an employee’s income belongs to wages. Both now and in the coming years, it remains the main […]
Approaches to pricing in the global market
The world market is characterized by a multiplicity of prices. As a rule, the price of the world market is taken as the price of large systematic and sustainable export and import transactions concluded in the main centers of international trade by exporters or importers of the goods concerned on the terms of payment in […]
Problems posed by TNCs in the home country
Despite the obvious competitive advantages and high level of economic efficiency, TNCs are seen as economic agents capable of creating economic problems in both the home and host countries. The most frequent criticism of TNCs in home countries relates to accusations of domestic employment losses: foreign direct investment by TNCs abroad leads to “job exports”. […]