The modern period of development of the world economy is characterized by further expansion and deepening of foreign economic relations. Through foreign economic relations, an international division of labor is carried out, the purpose of which is to save social labor in the process of production and exchange its results between different countries. Foreign economic […]
Tag: characteristic
Trends in the development of the world monetary system
A characteristic feature of our time is the development of regional economic and monetary integration, primarily in Western Europe. The mechanism of currency integration includes a set of monetary and credit methods of regulation, through which rapprochement and mutual adaptation of national farms and currency systems are carried out. In December 1991, in Maastricht, EU […]