Involvement of the Economy in International Trade (on the basis UKRSIBBANK ):

Abstract

Today international trade is one of the major driving forces of economic development. It accounts approximately 80 percent of all international operations. It appears as a sphere of international economic relations and is consisted by merchandise trade, trade in service and products of intellectual labor of all countries in the world. International trade is a characteristic feature of the existence of the global market, which is the realm of commodity - money relations between the two cou ntries and is based on the international division of labor and other factors of production. This work deeply analyses involvement of economy in international trade for a theoretical perspective, looks at ways international trade has impacted economies deve lopment, studies legal framework of the export/import policy and suggests ways of economy enhancement in the framework of international trade.