Evaluation of the definition «foreign economic activity of agricultural enterprises»

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Батюк Р. Б. № 2 (61) 141-155 Image Image

Our review of scientific publications on foreign economic activity indicates the existence of several important approaches to the definition of socio-economic processes in this area.

The first one combines scientific works of theoretical and methodological direction, in which foreign economic activity is considered from the standpoint of regulatory, comparative, descriptive-analytical, and other general substantive approaches at the macroeconomic level. The second direction covers scientific publications in which foreign economic activity is considered from the standpoint of management approach, especially at the meso- and microeconomic levels. The third group includes publications of scientific and practical direction, in which the assessment of foreign economic activity is carried out in the nomenclature and project-oriented aspects at the sectoral and microeconomic levels.

In addition, all definitions of the term “foreign economic activity” can be grouped into two approaches: economic and organizational and legal. The analysis of scientific research and the structure of foreign economic activity constructed on the first basis has allowed us to conclude that an important component of foreign economic activity is its regulation. An important function of the state in the regulation of foreign economic activity is to create such conditions under which each subject of foreign economic activity, on the one hand, would maximize the positive effect on society, on the other – benefit (profit).

According to the results of our research, the concept of foreign economic activity of agricultural enterprises should be understood as a system of foreign economic operations in the field of production activities of economic entities related to exports and imports of goods and services in order to make a profit and strengthen competitive positions in the world market.

Keywords: analysis, agricultural enterprises, foreign economic activity, content analysis.

doi: 10.32403/1998-6912-2020-2-61-141-155


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