Use Resources Income from property transferred to the “rest of the world” Subsidies for production and imports Primary income balance (gross) (p5.-p.6 – p.7) Total (p.6 + p.7 + p.8) 1. Gross profit and gross mixed income Wages of employees Taxes on production and imports Property income derived from the “rest of the world” Total […]
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Foreign trade contract of sale
A contract (contract) of sale is a document indicating that one party to the transaction (the seller) undertakes to transfer the goods specified in the contract or other subject of the agreement to the ownership of the other party (the buyer), who in turn undertakes to accept the goods and pay the established price for […]
International interbank correspondent relations
One of the ways to accelerate and simplify payments and settlements is to establish correspondent relations between banks. Namely, the network of correspondent accounts supported by banks of various countries most effectively ensures the functioning of the international system of settlements and payments. The term “correspondent” comes from the French correspondent, which means to answer, […]