METHODS FOR REGULATING THE DEVELOPMENT OF FOREIGN ECONOMIC ACTIVITY

Abstract

It is noted that foreign trade is a leading link in foreign economic activity,
taking, on the one hand, active participation in the formation of national income,
while, on the other hand, continuing the reproductive cycle outside the national
customs border. Currently, foreign trade activity in Ukraine is the most stable solvent
sphere. In this regard, almost the entire system of state regulation of foreign trade is
reduced to the impact on foreign trade using a wide arsenal of various, in essence and
content, measures. In general, the mechanism of state regulation of foreign economic
activity is considered as a set of economic, legal and administrative measures taken
by the executive authorities to create favorable business conditions for foreign
economic entities that provide them with economic support and legal protection in
domestic and foreign markets. aimed at improving export potential, sustainable
support of the country's balance of payments and economic security.
It is determined that if at the beginning of their existence they played mainly a
fiscal role, today their functions in industrialized countries are primarily related to
ensuring a certain trade and economic policy. trade of each of the trading countries.
The import tariff causes a decrease in the exchange rate of the currency of the country
- the initiator of its introduction. As a result, it is possible to reduce exports and,
ultimately, export production. Meanwhile, under some conditions, the use of the tariff may be more effective than economic passivity. It is important to find an import tariff
that is optimal for a particular country, its consumers and producers».