Unlike the previous one, the second approach does not require measuring utility in any quantity. The consumer here can compare the usefulness of individual goods or a set of them and order them according to the degree of preference. The theory of the optimal choice of the consumer proceeds from the fact that he exercises […]
Tag: costs
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 […]