The substrate of the international economic relations system and their structure

Substrate (material content) of the system of international economic relations, as a subsystem of the global economy are: - multitude of relations that develop as a result of the international movement of goods and factors of production;

- multitude of relations in the international monetary and financial sector. The structure of international economic relations are:

- the international trade in goods and services;

- the international movement of capital;

- the international migration;

- the international transfer of technology;

- the currency and monetary relations;

- the global financial system and international financial markets. In order to give a systematic definition of the subject of the course

"International economic relations", it remains to determine their main subjects.

The subjects of the "International economic relations"

The international economic relations subjects include organizations whose activities (trade, production and investment, monetary and financial) are beyond the national borders. These are the various firms, the state (as an entity), the transnational corporations and transnational banks.

Regulation of relationships that develop between these actors, takes place at different levels by different institutions:

• on the sub-national - state;

• on the regional level - regional cooperation bodies;

• on the global level - worldwide economic organizations.

System definition of the "International Economic Relations"

International economic relations is a subsystem of the global economy. System definition of "International economic relations" as a special science and a particular course is only possible in the modern economic theory, which includes the use of tools of micro-and macro-economic analysis.

The subject of the "International Economic Relations" at the micro level are relationships that develop between the subjects of world economic relations concerning the interstate movement of goods and factors of production.

At the macroeconomic level, the subject of the course "International Economic Relations" significantly expanded. It includes:

• study of the phenomenon of the modern international monetary and financial system;

• study of the problems concerning the exchange rate and the mechanism of its formation, the balance of payments, which determine the position of the national economies in the world economy;

• analysis of the international financial markets, trade in specific financial instruments - currency and credit, securities

Thus, international economic relations as the subject of a special course - is part of modern economic theory, which studies the relations developing between businesses in the areas of international trade (goods and services ), the international movement of factors of production (capital, labor , technology ) in international monetary and financial sector as a relatively independent economic phenomena of modern economic relations, which are inherent in the developed mechanisms for monitoring and control.

The specificity of the content and structure of international economic relations as one of the subsystems of the world economy, which is interconnected and interdependent with other subsystems, determines the effectiveness of a systematic approach to the analysis of its problems.

The systems approach is the direction of scientific knowledge and methodology of social practice, which is based on the consideration of objects as systems. The systems approach focuses on the study of the disclosure of the integrity of the object to the laws of nature and the functioning of its parts (subsystems) from the standpoint of the whole (at the level of the whole organism) to identify the various features and types of bonds in the system and the construction of a unified multi-dimensional picture.

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