Concept and stages of world’s economy development
The worlds economics is difficult system. All set of national economies is fastened by the movement of goods, services and factors of production. On this basis between the countries there are international economic relations, i.e. the economic relations between residents and nonresidents. Concept and subjects of the world economy. In domestic and foreign literature there are various approaches to definition of the concept “world economy”. The most important of them are: the world economy – set of the national farms connected with each other by system of the international division of labor. Such definition is based on idea of the Read More …