Modern US Trade Protectionism and the Prospects for the Functioning of the Integration Association of NAFTA

Autor: Dovgal Olеna A., Serdiuk Hanna V.
Jazyk: English<br />Ukrainian
Rok vydání: 2018
Předmět:
Zdroj: Problemi Ekonomiki, Vol 3, Iss 37, Pp 6-12 (2018)
Druh dokumentu: article
ISSN: 2222-0712
2311-1186
Popis: The aim of the article is to analyze the background and manifestations of modern US trade protectionism and, as a result, problems regarding the prospects for the functioning of the integration association of NAFTA. The article analyzes the background and manifestations of modern US trade protectionism. It is substantiated that it is not so much the issue of protectionism, which is put in the basis of the foreign economic policy of the current US administration, as the achievement of national interests at the expense of state regulation on a predominantly bilateral basis. At the same time, it is important for the US foreign economic policy to build vectors of economic interaction within the framework of North and South America as one of the most important priorities of the administration. The article concludes that the US in its foreign trade policy will reshape the system of relations on the American continent on the basis of interstate agreements, including in the form of free trade agreements (FTAs) or regional trade agreements (RTAs), actually implementing the transition to multipolarity in international economic relations. The prospects for further research on this problematics are a comprehensive analysis of modern US trade protectionism with consideration for other countries and integration associations of the world.
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