Economic Analysis: Theory and Practice

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Economic Analysis: Theory and Practice

28(193) - 2010 September

Stages of pricing and currency conditions of the foreign trade contract

Vol. 9, Iss. 28, SEPTEMBER 2010

Available online: 17 September 2010

Subject Heading: Analysis of the foreign trade price formation

JEL Classification:

Novokshonova L.V. doctor of economics, professor of chair of the world economy and business, Nizhniy Novgorod State University of N.I. Lobachevsky
world-economy@ef.unn.ru

Retinskiy M.F. candidate of economic sciences, the head of department of foreign trade activities, Open joint-stock company «Nizhniy Novgorod Machine-building Factory»
world-economy@ef.unn.ru

Shmeleva N.V. candidate of economic sciences, associate professor of chair of the economic theory, Volgo-Vjatskaja Academy of Public Service
vzikn@mail.ru

The analysis of state and trends of development of foreign trade price formation is carried out. It is shown that the characteristic feature of the continuous evolution of world currency system is its transformation into the polycurrency system, which affects its stability. The traditional and nontraditional technologies of the use of currency conditions of foreign trade contract are described.

Keywords: the foreign trade contract, price formation, currency conditions

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ISSN 2311-8725 (Online)
ISSN 2073-039X (Print)

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