Pricing Theories and Globalization

354
DOI: 10.20542/0131-2227-2010-4-93-100

E. Dunaeva, (8499-972-63-62)


Abstract

The article considers the evolution of price-setting theories. Classic conceptions concentrated on processes occurring inside national economies. Since the mid-21st century, the analysis of external factors of pricing has become more significant. It is shown that the available concepts of price-setting cannot adequately explain ups and downs of international prices that were evidenced in the early 21st century.


Keywords

pricing theories, inflation, deflation, balance of payments, exchange rate, international accounts, globalization


Registered in System SCIENCE INDEX

For citation:
Dunayeva E. Pricing Theories and Globalization. World Eсonomy and International Relations, 2010, No 4, pp. 93-100. https://doi.org/10.20542/0131-2227-2010-4-93-100



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