Modern concepts, functions and structure of the economic system

So what is an economic system? A system in general means a complex and interconnected set of some elements. And although economists do not argue with this, their ideas about what an economic system is are far from unambiguous. There are several approaches to this problem. One of them is called “technological”. With this approach, […]

Ways to increase profitability and profitability

Profit is an economic indicator that is constantly changing under the influence of various factors. The main ones are the growth in the volume of sales of products and the reduction of its cost. Therefore, the ways to increase profit and profitability are directly determined by the factors that affect the level of sales and […]

Instruments of foreign trade policy

Trade policy methods are divided into tariff and non-tariff. A customs tariff is a set of customs duty rates applied to goods crossing the border of a state. Customs duties – a) taxes levied by the state on goods at the time they cross borders for protectionist or fiscal purposes; b) the levy levied on […]