ABSTRACT
An agreement policy is an attempt to reduce the autonomy of individual countries in shaping the size and structure of trade, as a rule conducted bilaterally, finding its expression in either partial or complete liberalization of commodity trade. On the other hand, the movement of factors of production remains outside the scope of liberalization. International organizations provide a wider geographical platform for the introduction of international policy and liberalization of world trade. Each organization develops uniform goals, means and instruments of international policy obligating its member countries to adapt their foreign economic policies. Under globalization in the world economy - implying the development of a uniform market of goods, services and factors of production embracing all countries and geographical regions where both national and supranational markets merge to form a single whole - supranational economic policy becomes a global policy.
