THE IMPACT OF GLOBALIZATION ON THE DEVELOPMENT OF LEASING RELATIONS IN THE INTERNATIONAL ECONOMY

Globalization has had an impact on many areas, including the economy, over the past 50 years. It destroys interstate borders and allows companies to establish trade among themselves on more acceptable terms for each. In particular, leasing relations between residents of different countries have been influenced by globalization. International leasing helps companies from different countries to develop, having access to the most modern leasing facilities from around the world.