Abstract:Based on econometric modeling, we proved the good relationship between foreign trade turnover and trade balance with the GDP of the Russian Federation. We identified the varying opinions of the Russian and foreign scholars on the impact of sanctions and countersanctions on the Russian economy. Based on the data on the absolute values of the trade turnover, export, import, and trade balance of Russia from 2010 to 2018, we revealed the positive dynamics of these indices, despite their negative values in 2014-201… Show more
Set email alert for when this publication receives citations?
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.