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Modeling Situations In Foreign Economic Activity

Author

Listed:
  • Valdemar VITLINSKYI

    (Vadym Hetman Kyiv National Economics University, Institute Information Technologies in Economics, Ukraine)

  • Liubov MAKHANETS

    (Yuriy Fedkovych Chernivtsi National University, Faculty of Economics, Ukraine)

Abstract

Criteria of making decision in foreign economic activity are considered in the paper. The tools of foreign trade, foreign exchange policy and investment policy are analyzed. The risk of tools choosing of foreign economic policy and stability in foreign policy are investigated. It is shown that the stability of the foreign economic system is determined by the presence of the subsystem of risk management of the occurrence of adverse conditions, which involves the definition of an integrated risk indicator for choosing a foreign economic policy strategy.

Suggested Citation

  • Valdemar VITLINSKYI & Liubov MAKHANETS, 2018. "Modeling Situations In Foreign Economic Activity," The USV Annals of Economics and Public Administration, Stefan cel Mare University of Suceava, Romania, Faculty of Economics and Public Administration, vol. 18(1(27)), pages 149-155, June.
    • Handle: RePEc:scm:usvaep:v:18:y:2018:i:1(27):p:149-155
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