Mercantilism

For the first time, an attempt to determine the meaning of foreign trade, to formulate its goals, was made in the economic doctrine of mercantilists. Mercantilists (Thomas Moon, Charles Davenant, Jean Baptiste Colbert, William Petty) held a statistical view of the world, which, from their point of view, had only a limited amount of wealth. […]

The main stages of foreign trade transactions and features preparatory stage

The execution (implementation) of any foreign trade transaction consists of the following main stages: 1. Preparation for the conclusion of the contract. 2. Conclusion of the contract on certain conditions. 3. Execution of the contract: preparation of the goods for delivery, delivery of the goods to the buyer, acceptance of the goods and settlements for […]