The effects of economic policy on the foreign trade in the Republic of Serbia: Trade law and economic aspect: Future and perspectives

Abstract

Foreign trade of economic entities is determined by the instrument "Contract of Sale", which is one of the most common, frequent and numerous contracts in the economy without a clear distinction between seller and buyer. The Republic of Serbia has accepted the imposed international imperative rules in cooperation with the political influence of the domicile political economic policy. In such business conditions, and due to the process of globalization, deregulation and market liberalization, international dominance has several significant aspects, primarily given the turbulence, complexity and uncertainty of business and the application of regulations subject to change, which has significant negative implications for all economic policies domicile countries but also indirectly the dominant influence of international institutions. As an economic policy through price and exchange rate policy, it has a significant impact on foreign trade agreements in legal transactions through positioning, competitiveness, growth and development of the Republic of Serbia in both the domestic and international markets, where the so-calle. the principle of "victory of the stronger", the influences of imperialist forces, political influence and the world oligarchy should be considered in the context of the future and perspective and future of business of domestic companies. The aim of this paper is to connect knowledge from the legal and economic domain, focus on the effect of economic policy and its impact on foreign trade as challenges facing legal science, bearing in mind all the implications that are crucial for the future of business.