Formation of the company's export potential under the conditions of economic sanctions

One of the instruments of foreign economic policy is the application of economic sanctions. The time frame of economic sanctions is limited by the decision of state regulatory bodies. Their impact on the economy of the opponent country is prolonged. At the same time, there is a decrease in GDP growth rates, negative development of the labor market and obstacles in the development of the business sector. The lifting of sanctions is much slower than their adoption. Today, the number of adopted economic sanctions is increasing. Their application is increasing due to the globalization of the world economy and is characterized by increased integration of markets for goods and services, as well as capital. The stable and stable position of the state is determined by the level of development of the state economy. In this connection, there may be serious consequences for the normal functioning of the state if economic relations cease or are limited. In modern economic circumstances, the formation of the export potential of enterprises is a necessary condition for its competitiveness in foreign markets...