ABSTRACT
Foreign economic policy should be comprehensive, which means it should cover both economic relations with foreign countries and the internal economic relations of a given country. The state pursues foreign economic policy through two types of institutions and organizations: systemic and special, established for the needs of foreign economic policy. The influence of the external environment on foreign economic policy finds its reflection in political alliances and foreign economic dependence, the significance of the latter growing in the course of time. Foreign economic policy is disaggregated into a number of sector policies depending on the form of foreign economic relations, into trade, capital, immigration, technological, service policies, and the like. A free trade foreign policy has its roots in the doctrine of economic liberalism. It goes back to the classical theory of a free market and free trade, according to which market forces automatically ensure full utilization of all factors of production and economic equilibrium.
