TRANSFORMATION OF WORLD TRADE IN THE CONDITIONS OF GLOBALIZATION

Abstract

As a result of the research, scientific and practical recommendations for the development of world trade in the context of globalization are theoretically substantiated and developed; the trade war as a factor of transformation of the existing trade relations is investigated. An assessment of the development of world trade in the context of globalization; analysis of the foreign trade of the Russian Federation at the present stage. The article identifies trends in world trade in the context of globalization; the inclusion of the Russian Federation in international trade in the context of globalization is studied; import substitution as a factor of development in the conditions of global challenges is considered.

Keywords

• world economy
• world trade
• globalization
• complementarity of trade