In many countries, and very often, situations arise when the authorities are unable to resolve the balance of payments: the upcoming payments for the supply of goods and services, as well as for past debts, are large, than current capital inflows and available reserve assets. The country is simply not able to pay for its […]
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Models of the company (manufacturer)
The company’s costs for the production of products, the task of their minimization Cost classification. Any production is associated with the costs of raw materials, electricity, labor, equipment, land and so on. Without the use of the necessary resources, it is impossible to create new goods. Production costs are a set of costs incurred by […]
Methods of accounting for scientific and technological progress
It should be considered generally recognized that over time in an enterprise that maintains a fixed number of employees and a constant amount of fixed assets, output increases. This means that in addition to the usual production factors associated with the cost of resources, there is a factor that is usually called scientific and technological […]
Inflation: essence, causes, types and consequences
The term inflation (from the Latin inflatio – swelling) was first used in North America during the Civil War (1861-1865) and denoted the process of swelling of the paper and money supply. Inflation is a multifactorial phenomenon that manifests itself in the overflow of the sphere of circulation with paper money in excess of the […]
Methods for ensuring the reliability of international settlements with bills of exchange
The use of bills in international settlements provides certain rights and imposes strict obligations on its participants. International commercial and banking practice has developed a number of ways to increase the reliability of the bill of exchange as a settlement and payment tool, enshrining them with the norms of both international and national legislation. Among […]