International trade, bilete la Examen de stat 2014 - Harcenco Dorina

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1. Trade Policy: Objectives, functions, instruments and measures. Trade Policy of RM. Trade policy is a component part of the economic policy of a state which is related to all its international economic relations. It includes all the settlements (juridical, administrative, fiscal, financial, etc.) adopted by a state in order to promote or to limit external trade exchanges, and to protect the national economy from foreign competition. And so its 3 main functions are: to promote external economic relations, in order to increase exports; to protect the national economy from foreign competition; to equilibrate trade balance and balance of payment, and to increase state currency reserves. Tariff trade policy includes the settlements adopted by a state regarding the entries and exits of goods in\from a country that implies the control of wares and transportation at border crossing, customs clearance, and custom duty payment. Its main tool is the custom tariff that includes the all the types of customs duties levied on the export and import of goods. Custom duties\taxes-indirect tax levied by the state on goods crossing the customs border.