Optimization of the Foreign Economic Relations of Socialist Countries

Abstract

The growing influence of foreign economic relations on the reproduction processes, on effectiveness, and on other phenomena in national economies is today one of the important trends in the economic life of the world. This trend is primarily based on quantitative and qualitative changes in social production and in the international division of labor under the influence of the scientific-technical revolution. This trend not only accelerates the growth of material production and foreign exchange; it also makes great demands on them and engenders new forms of interrelations both within individual countries and in the system of international economic relations. Foreign economic relations are being modified as a result of the more rapid development of various forms of scientific-technical cooperation and cooperation in the realm of production.