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Реферат International Trade in the Natural Gas Industry





ding rules which were developing through decades by participants in foreign trade transactions. Focal point for all the processes of foreign trade and the behavior of its participants is the state. In this case, the state carries out its policies. External and internal trade are different because: Resources at the international level are less mobile than within the country In the internal trade each country uses its own currency and in foreign trade the world currencies foreign trade is controlled more by the government The international division of labor by which countries can develop a specialization, to improve the performance of their resources and thus increase the total production - this is the basis of trade between countries. States can benefit by specializing in products that can be made with the highest relative efficiency, and their subsequent exchange for goods, which they were unable to produce.

In a market economy foreign trade arises from the fact that supply and demand vary from country to country.If there was no foreign trade, the demand for a variety of foreign goods and services would not been satisfied. p align="center"> правовий статус суддя


List of references


1. Leamer, E., (1995). The Heckscher-Ohlin Model in Theory and Practice. Princeton Studies in International Finance. 77. Princeton, NJ: Princeton University Press

2. Hirschman AO 1958. The strategy of economic development. New Haven: Yale

University Press.

3.Hallouche, H., 2006 The Gas Exporting Countries Forum: Is it really a Gas OPEC in the Making? <# "Justify"> consolidation. Oxford Economic Papers, v. 36 (3), 359-380. p align="justify">. Prebisch R. 1950. The economic development of Latin America and its principal. Lane Success, NY: United Nations.

7.Rybczynski T.M., (1955). "Factor Endowment and Relative Commodity Prices". Economica <# "justify"> 8. Sachs JD, Warner AM 1997. Natural resource abundance and economic growth. Working Paper 5398.

. Sachs JD, Warner AM 2001. The curse of natural resources, European Economic Review, v. 45, pp. 827-838.


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