Essence and peculiarities of price formation in foreign trade

The article reveals the essence of pricing and its characteristics. Particular attention is paid to pricing in foreign trade, its pricing factors. The content of world prices, which are the basis of price policy, is disclosed. Also, the article identifies aspects that are determinative in the international arena, where the conditions of supply and demand are determined from the factors of world prices. The leading interrelated circumstances of international economic relations, their influence on the subjects of the market system are described.