Revenues

For many countries, the current account is limited to the items discussed above relating to exports and imports of goods and services. However, in addition to goods and services, the current account of the balance of payments should also take into account the movement of income and current transfers. Income – a group of items […]

Strategies for uncompetitive companies and companies in crisis

For a company that is on the decline and losing its competitive position, it is advisable to choose one of the following four strategies. A company with sufficient financial resources can apply an offensive strategy for overcoming the crisis: radically reduce costs or go for an original differentiation of goods; by investing money and talent […]

Foreign trade of the Republic of Belarus

One of the main forms of foreign economic activity is foreign trade. Foreign trade is trade between countries, consisting of export (export) and import (import) of goods, services, results of intellectual activity. Foreign trade is a specific sector of the economy associated with the sale of part of the gross product (goods, services, ideas) in […]