FOREIGN TRADE POTENTIAL OF THE NATIONAL ECONOMY: PRINCIPLES AND DETERMINANTS OF IMPLEMENTATION IN THE GLOBALIZATION’S CONDITIONS

Abstract

It is substantiated that the contradictory way of political and economic globalization forms a new corridor of opportunities for national economies, renews the set of restrictions and degrees of freedom of their self-reproduction and self-development on the scale of the world-system. The relevance of research into the principles of development and implementation (commercialization) of the existing foreign trade macropotential for the successful integration of countries into the network of international economic relations is noted. A view of international trade as a practical form of implementation of the foreign trade potential (FTrP) of an open economic system is proposed. In the context of general and individual, the specifics of international trading are revealed, such as: the significant importance of international logistics and international transport for the speed of overcoming the route and accelerating the turnover of goods; the significant dependence of the final commercial result on exchange rates and their fluctuations; the increased role of local trade intermediaries in ensuring high turnover and increasing gross profit, etc. It is proved that for the transition of the FTrP from the state of probable unmanifested passive to manifested commercialized active, it is necessary, firstly, the adequacy of the FTrP in terms of competitiveness and competitiveness stability to those geographical locations, market segments, production platforms and value chains that correspond to the country's positioning in the structure of the international division and specialization of labor and (or) are included in the zone of its strategic national interests. Secondly, the ability and willingness of the national economy and its entities to overcome competitive and protectionist barriers from the external environment when advancing to the world market and to resist imports in competition on domestic markets. Thirdly, the sovereignty and national subject-centrism of the macrosystem in determining the directions and forms for its integration into the global economic space and the implementation of foreign trade policy. The basic factors of the competitive power of the foreign trade potential of national economies have been analyzed and systematized.