Dynamic development and stability of international trade
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Date
2018
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Ivane Javakhishvili Tbilisi State University Press
Abstract
International trade is of special importance for development of economy in the country. In the process of regulation of the international trade the state actively uses tariff and non-tariff measures. The mechanism of their use is regulated by the interstate domestic legal acts and international law. In the frames of law of the World Trade Organization (WTO), in compliance with reduction of the tariff rates, importance grows of non-tariff measures. As of today, in Georgia the international trade is regulated in compliamce with those norms of international law, which have been established by the acts of WTO and international law. It is clear that the state system of licenses and permits plays an important role in this process. The regulatory bodies, formed with this aim in view, provide dynamic development and stability of the international trade. However, the problems existing in this field should also be especially mentioned.
Description
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Keywords
international trade; stability; tariff regulation; monopoly; tariffs; competition
Citation
III International Scientific Conference: "Challenges of Globalization in Economics and Business", Tbilisi, 2018, pp. 59-62