Foreign economic activity. Foreign exchange and financial and credit operations as a type of foreign economic activity (the most important)

Lecture notes, cheat sheets
Free library / Directory / Lecture notes, cheat sheets

Foreign economic activity. Foreign exchange and financial and credit operations as a type of foreign economic activity (the most important)

Lecture notes, cheat sheets

Directory / Lecture notes, cheat sheets

Comments on the article

Table of contents (expand)

8. Industrial cooperation as part of the types of foreign economic activity, its significance

Foreign economic activity - a set of production and economic, organizational, economic and operational and commercial functions of export-oriented enterprises, taking into account the chosen foreign economic strategy, forms and methods of work in the foreign partner's market.

Types of foreign economic activity:

▪ foreign trade activities;

▪ production cooperation;

▪ international investment cooperation;

▪ foreign exchange and financial and credit operations.

production cooperative (artel) is a voluntary association of citizens on the basis of membership for joint production or other economic activities (production, processing, marketing of industrial, agricultural and other products, performance of work, trade, consumer services, provision of other services), based on their personal labor and other participation and association by its members (participants) of property share contributions. The law and constituent documents of a production cooperative may provide for the participation of legal entities in its activities. A production cooperative is a commercial organization.

Production cooperation as part of the foreign economic activity of enterprises and firms, it is one of the forms of cooperation between foreign partners in various, but structurally interconnected processes of the technological division of labor. The technological process of the division of labor itself means the distribution of its participants in the chain of creation and sale of products according to its main phases, from studying the needs in domestic and foreign markets to bringing it to end consumers.

Industrial cooperation is typical for homogeneous areas of production and circulation, for scientific, technical, investment and service areas, for example, for the manufacturing industry.

Consistency of actions of partners within the framework of industrial cooperation is achieved by:

▪ mutual planning of export and import-substituting products;

▪ forecasting and jointly conducting scientific developments, providing them with the necessary equipment, devices and materials, test benches and scientific and technical information;

▪ organization of the personnel training process.

At the same time, the property of cooperators is not isolated, and cooperation is provided on a reimbursable basis and is built on the principle of direct ties between producers of homogeneous products.

Production cooperatives are part of the group of foreign economic activity participants operating in the foreign market without intermediaries. To sell their products on the foreign market, they attract mainly their foreign partners from related enterprises and firms through coastal and border trade with the countries of Eastern Europe, Finland, Mongolia, China and the DPRK, most often resorting to commodity exchange operations. The foreign economic activity of production cooperatives is intensified by establishing direct connections, compensatory and production cooperation, for example, with partners from north-western countries. For export-import operations, they only occasionally use the services and capabilities of foreign economic organizations of the Federal Ministry. Currently, production cooperatives have formed numerous unions and associations in order to protect their interests and facilitate the further development of foreign economic activity.

Author: Bobkova O.V.

<< Back: The role of investment cooperation in the development and production of export products

>> Forward: Industrial cooperation as part of the types of foreign economic activity, its significance

We recommend interesting articles Section Lecture notes, cheat sheets:

▪ Conflictology. Crib

▪ Theory of learning. Crib

▪ Enterprise economy. Lecture notes

See other articles Section Lecture notes, cheat sheets.

Read and write useful comments on this article.

<< Back

Latest news of science and technology, new electronics:

The existence of an entropy rule for quantum entanglement has been proven 09.05.2024

Quantum mechanics continues to amaze us with its mysterious phenomena and unexpected discoveries. Recently, Bartosz Regula from the RIKEN Center for Quantum Computing and Ludovico Lamy from the University of Amsterdam presented a new discovery that concerns quantum entanglement and its relation to entropy. Quantum entanglement plays an important role in modern quantum information science and technology. However, the complexity of its structure makes understanding and managing it challenging. Regulus and Lamy's discovery shows that quantum entanglement follows an entropy rule similar to that for classical systems. This discovery opens new perspectives in the field of quantum information science and technology, deepening our understanding of quantum entanglement and its connection to thermodynamics. The results of the study indicate the possibility of reversibility of entanglement transformations, which could greatly simplify their use in various quantum technologies. Opening a new rule ... >>

Mini air conditioner Sony Reon Pocket 5 09.05.2024

Summer is a time for relaxation and travel, but often the heat can turn this time into an unbearable torment. Meet a new product from Sony - the Reon Pocket 5 mini-air conditioner, which promises to make summer more comfortable for its users. Sony has introduced a unique device - the Reon Pocket 5 mini-conditioner, which provides body cooling on hot days. With it, users can enjoy coolness anytime, anywhere by simply wearing it around their neck. This mini air conditioner is equipped with automatic adjustment of operating modes, as well as temperature and humidity sensors. Thanks to innovative technologies, Reon Pocket 5 adjusts its operation depending on the user's activity and environmental conditions. Users can easily adjust the temperature using a dedicated mobile app connected via Bluetooth. Additionally, specially designed T-shirts and shorts are available for convenience, to which a mini air conditioner can be attached. The device can oh ... >>

Energy from space for Starship 08.05.2024

Producing solar energy in space is becoming more feasible with the advent of new technologies and the development of space programs. The head of the startup Virtus Solis shared his vision of using SpaceX's Starship to create orbital power plants capable of powering the Earth. Startup Virtus Solis has unveiled an ambitious project to create orbital power plants using SpaceX's Starship. This idea could significantly change the field of solar energy production, making it more accessible and cheaper. The core of the startup's plan is to reduce the cost of launching satellites into space using Starship. This technological breakthrough is expected to make solar energy production in space more competitive with traditional energy sources. Virtual Solis plans to build large photovoltaic panels in orbit, using Starship to deliver the necessary equipment. However, one of the key challenges ... >>

Random news from the Archive

Swimming pools can be dangerous 03.01.2002

A group of doctors from the Catholic University of Leuven (Belgium) claims that visiting the swimming pool leads to allergies and asthma in children.

226 children aged 8 to 12 were examined. Some of them have never been in swimming pools, others have been in the pool three times a week since the age of three or four. Analyzes have shown that in children who have been swimming in the pool for a long time, proteins appear in the blood that are characteristic of adult smokers and indicate damage to lung tissue. Other researchers have found an increased prevalence of asthma in swimming pool attendants. Both phenomena are apparently explained by the presence of chlorine in the water.

Doctors believe that the chlorine added to the water for disinfection should be replaced by ozone or bromine.

Other interesting news:

▪ Internet speed doubled on the ISS

▪ Harm of gas stoves

▪ Smart Refrigerator LG Smart InstaView

▪ Vegetable diet is good for multiple sclerosis

▪ Audiophile player Walkman NW-A105

News feed of science and technology, new electronics

Interesting materials of the Free Technical Library:

▪ section of the site Art video. Article selection

▪ article Manufacture of parts from epoxy resin. Tips for the home master

▪ article How was the Hollywood sign changed in honor of the decriminalization of marijuana? Detailed answer

▪ article Black elderberry. Legends, cultivation, methods of application

▪ article Thermostat with temperature and light sensors. Encyclopedia of radio electronics and electrical engineering

▪ article Voltage converter, 12-30 volts. Encyclopedia of radio electronics and electrical engineering

Leave your comment on this article:

All languages of this page

Home page | Library | Articles | Website map | Site Reviews