Financial Wealth Ideas

By forming such blocs led objective processes of political, economic, historical character. Education of the free trade zone does not make fundamental changes in the global economy. Activation of these processes on the one hand contributes to the development of international trade (in the zones, blocks, regions) and on the other - to create a number of obstacles inherent in all, to varying degrees, a closed formation. In particular, the establishment of preferential tariffs within the regional grouping leads to the fact that trade is inefficient. This process of international practice is characterized as "trade deflection." For best results, the country must be guided by the principle of "comparative advantage". For example, if the United States imported Mexican goods only because they allowed free entry, while in Malaysia or Taiwan has a comparative advantage in producing certain goods over the Mexican, the trade certainly becomes less effective. In doing so, the extent of "commercial variations" can be very significant. The decisive criterion for the assessment of regional agreements is the extent to which they hold a significant difference between the member countries and the agreement states that these agreements do not participate. International practice shows that the high external tariffs, for example, MERCOSUR is that Argentina, Brazil, Paraguay and Uruguay imported goods from each other, even if they would be more profitable to buy them somewhere else. The grouping of countries into economic blocs does not mean absolute progress in implementing the ideas of free trade or a capitulation to protectionist principles. The dilemma of "free trade" and protectionism does not cease to exist. She transferred to a different level of foreign trade relations, which is determined by the decision of selecting the group of economic policy towards third countries. Characteristically, even within individual trade-economic groups there are contradictions between some countries, lead to the so-called "trade war" (eg, cod, wine, oil "war" between the EU member states). By the end of 90 years moving from the "trade wars" to the external. If the trade war took the form of austerity measures designed to impede or encourage the expansion of export by means of state regulation (tariffs, tariff quotas, licensing, taxes, etc.), then in the foreign economic struggle used other techniques and methods of competition. First of all, it is understood that the desire to control key sectors of the economy of a country through export of goods to prepared for this infrastructure. The result - a threat to their "exclusion" or the subsequent build-up of exports of goods and related facilities. The final step is "a credit shock, transfer of national income, etc. Towards a unified, global system of world market is still a lot of obstacles and conflicts of interest that would arise in the course of the interaction of individual countries and economic groups with each other. The member countries of trade and economic blocs, understanding the complexities and contradictions in the current situation in the global market, striving to find ways for positive solutions of problems and contradictions. Regional trade groupings, according to the World Trade Organization agreed to weaken its regulatory mechanisms in international trade and hamper global economic integration. In this regard, the WTO was in favor of adopting a uniform set of rules governing the conditions for the creation of trading blocs. Thus, trade policy, trade blocs should be compatible with WTO rules and agreements - open for accession by other countries.