ABSTRACT
The development of the world economy and of international trade attests to the burgeoning participation of virtually all states in the international division of labor. To a large extent this is also a function of progress in science and technology and of the needs of production. In modern social production, cooperation represents ties between associations, enterprises, and organizations involving the exchange of materials, semi-finished products, parts, machine components, etc., necessary for the manufacture of the final product, and likewise involving the performance of various types of projects directed at achievement of an overall final result. The practice of international trade shows that cooperation holds considerable potential as a means of expanding trade and is an important vehicle for updating technology, enhancing the economic effectiveness of production, for accelerating the exchange of machinery, equipment, and other industrial products and increasing their share in imports and exports.
