The concept of the foreign exchange market. Main types of currency markets

The international exchange of goods, services and capital requires the implementation of appropriate calculations, the implementation of which requires the exchange of one currency for another. As a result, importers, exporters, investors, trade intermediaries, other businessmen, tourists are forced to convert both national and foreign currency for the final settlement of foreign trade relations. Currency […]

Factors affecting the structure and content of the contract

The structure and content of the contract are largely individual in nature and are determined by the type of foreign trade operation, the subject of the transaction, as well as the degree of confidence in the partner. The parties to the transaction independently choose certain wordings of the articles of the contract, taking into account […]