Liberalization and protectionism: counteracting trends in international trade

Abstract

The purpose of this work is to investigate such directions and trends in the development of the state's foreign trade policy as liberalization and protectionism, as well as to suggest possible ways to develop international trade and economic relations of the Republic of Belarus. The issues of liberalization and protectionism in world trade are of particular importance in the context of globalization. There is a gradual movement towards the liberalization of international trade, the World Trade Organization sets itself the task of eliminating non-tariff barriers, various kinds of import restrictions, and liberalizing trade in services. This development trend raises the question of the Republic of Belarus about the nature of its foreign trade policy, as well as about the protection of domestic producers on the world stage