Trade policy plays a key role in the formation of economic ties between states. It affects the volume of foreign economic activity, the competitiveness of domestic production and the development of integration processes. In recent decades, changes in the trade policy of many countries have become significant factors determining the transformation of economic relations. This article examines the main aspects of changes in trade policy and their impact on global a nd local economic relations.
Olga P. Smuseva (Wed,) studied this question.