WTO: NON-TARIFF MEASURES OF REGULATION OF INTERNATIONAL TRADE AND THEIR PRACTICAL IMPLICATIONS

Abstract. Taking into account modern conditions of the international economic relations, which are characterized by constant transformations in the global market, the threat of global recession, active use of non-tariff protectionist measures exacerbates the situation in the world. Non-tariff regulation has been one of the main tools of regulation of international trade. Considering the global trend to reduce the impact of tariff protectionist measures, countries are increasingly resorting to non-tariff regulations of commerce. This situation makes it necessary to investigate the issue further. In this paper we have investigated methods of non-tariff regulation of international trade and their implications for the economy. Key words: non-tariff measures, the international trade, GATT, WTO.