THEORETICAL BASIS OF DETERMINING UKRAINE'S PLACE IN MODERN INTERNATIONAL ECONOMIC EXCHANGE

The article raises the issue of determining Ukraine's place in modern international exchange. International economic exchange is carried out in all directions of international relations. The subjects of exchange are innovations, technologies, finished products, finance, labor force. These processes are facilitated by the creation of various network structures, within the framework of which foreign economic relations take place and the processes of exchange, purchase and sale are carried out. The basic economic categories that form the basis of economic policy in the formation of international economic relations are defined. The essence of these categories, their components and challenges for national interests in the context of international integration are given. It is noted that globalization provides access to new markets, technologies and investments, but requires countries to adapt, increase competitiveness and ensure economic security. States should actively work on strategies that allow national economies to successfully integrate into the global economy, while maintaining economic sovereignty and ensuring sustainable development. It is justified that the determinants of foreign economic relations of the Ukrainian economy are multifaceted and include economic, geopolitical, ethnic, historical, cultural , institutional and spatial-resource aspects. Each of these factors affects the formation of foreign economic policy and determines Ukraine's international position. The interaction of these determinants shapes the country's strategy in the international arena, influencing its economic growth, development and integration into the world economic system. It is substantiated that the basic economic categories are the foundation for the formation of international economic policy. Understanding and correct use of these categories allows countries to effectively integrate into the world economy, support economic growth, strengthen their international positions and ensure the well-being of the population. Economic policy based on the analysis of these categories contributes to the development of international economic relations and the achievement of the country's strategic economic goals.