The role of foreign economic transactions for business development at the present stage

The article examines foreign economic activity as an important factor in business development at the present stage of development of the Russian economy. Foreign economic activity makes a significant contribution to the formation of the structure, dynamics and sustainability of the modern national economy, allowing it to successfully integrate into the world economy. Foreign economic relations in the modern world act as a means of social, economic, scientific and technological progress of society, which allows businesses to increase entrepreneurial activity and contribute to the economic growth of the country.