Theme: Contents and forms of International Economic Relations Xodjamqulov Shahboz. Mm-54i Questions: Introduction


Participation in international technological exchange of “venture” firms



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MM-54i. Xodjamqulov Shahboz. Kurs ishi

Participation in international technological exchange of “venture” firms. The advantage of these firms in the market of technologies is a narrow specialization. Producing a limited product line, these firms have access to highly specialized global markets; they do not bear additional expenses for market research, advertising; they pay more attention to the direct solving of scientific and technical problems.

  • Development of international technical assistance.This assistance is provided by the developed countries to the developing countries and countries with economies in transition in the field of the transfer of technical knowledge, experience, technologies, technology-intensive products, personnel trainings.

    In Exchanging science and technique not only products, ideas, technical or scientific goods are sold, but also, product of intelectual labors are sold. Products of intellectual labor are sold in the world market through sales or by means of establishing the relations arising in connection with obtaining of a temporary right to use the results of scientific research and development on the basis of international licensing agreements, as well as contracts for engineering services.



    1. Currency-credit relations

    The term "currency" in the broad sense is any product that is able to act as a medium of exchange in international payments. In a narrower sense, it is the available supply of money, which passes from hand to hand in the form of banknotes and coins. Currency provides communication and interaction of national and world economy.
    There is a necessity to exchange the money of one country for the money of another country due to the international payments for world economic turnover and the credit, foreign direct investment and other international relations. On this basis there are currency relations as a set of monetary relations, mediating the payment transactions between agents (entities) of the global economy. Participants of these relationship are banks, financial institutions, departments of large companies and brokers. The currency relations is an essential element of modern market relations, that's why they are adjustable by such factors as profit maximization and competition (supply and demand).
    Depending on the belonging (status), currencies are divided into national, foreign and international (regional) ones.

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