ECONOMIC SOVEREIGNTY UNDER SANCTIONS AND THE INTERNATIONAL DIVISION OF LABOR: INTERRELATIONSHIPS AND CONTRADICTIONS

Abstract

The article shows that the international division of labor and comparative advantages act as the objective foundations of economic relations. In the context of international sanctions, import substitution, which does not always take into account the laws of the market, is considered as a tool to ensure economic sovereignty. At the same time, the economic independence of modern Russia is ensured mainly by oil and gas revenues, which in modern times tend to decrease. The solution to the problem is to create the most attractive conditions for foreign investors to enter the Russian market.

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