TRADE POLICY-ESSENTIAL OBJECT OF THE ECONOMIC AND LEGAL FRAMEWORK OF INTERNATIONAL RELATIONS
TRADE POLICY-ESSENTIAL OBJECT OF THE ECONOMIC AND LEGAL FRAMEWORK OF INTERNATIONAL RELATIONS

Summary/Abstract: Nowadays it is widely accepted in theory and practice of international economic relations that trade policy measures are the object of international trade negotiations performed ab initio, in a bilateral framework, which evolved later towards regionalism and multilateralism. In our opinion international trade negotiations have as their object the coordination of the trade policies of participating countries in order to achieve mutual benefits. On the other hand, the concluding of trade agreements, conventions and treaties, defining elements of the economic and legal framework of international relations confirms the proper completion of international trade negotiations.

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