The Main Trends of Export and Import Development of Foreign Countries (Ludmila Petrovskaya, Pavel Shipuk)

Раздел - "Международные экономические отношения"The article "The Main Trends of Export and Import Development of Foreign Countries" points out that export and import flows of goods and services are one of the indicators of the development level of any country. Export and import of goods can be shown both on macroeconomic and microeconomic levels. When it comes to macroeconomic development, every country strives to export as much as it can, with the import staying within the exports profit which is determined in economics as the export-import function. A country's export grows in accordance with the other countries' national income increase and the import increases due to the growth of its own national income. Alongside with the macroeconomic approach to the export-import development there is the microeconomic one. One of the essential indicators for the study of international trade markets is the demand for import, the analysis of which can produce the strategy for integration into the target country. It is also important to determine the specific goods exportimport demand. The article gives statistics on export-import operations of foreign countries