MODIFICATION OF COMPONENT PROTECTIONIST TRADE POLICIES INTO GLOBALIZATION

Abstract

The analysis of theory and practice of international trade protectionism in modern conditions is made in article. The main reasons, positive and negative results of protectionism policy according to SOT functioning are defined. It’s proved the necessity of using nontariff instruments during formation and realization of external trade state policy.

Keywords

• international trade policy
• protectionism
• non-tariff measures
• trade sanctions
• customs duties