TY  - JOUR
T1  - Development of International Trade Mechanisms
AU - Nikiforov, V.A. AU - Khovanskaya, E.A. 
JO  - Journal of Engineering and Applied Sciences
VL  - 12
IS  - 5
SP  - 1107
EP  - 1112
PY  - 2017
DA  - 2001/08/19
SN  - 1816-949x
DO  - jeasci.2017.1107.1112
UR  - https://makhillpublications.co/view-article.php?doi=jeasci.2017.1107.1112
KW  - International law
KW  -international trade law
KW  -international legal regulation
KW  -principles
KW  -domestic policy prerequisites
AB  - The analysis of the notion, judicial nature and mechanisms of international trade law is carried out. International trade law was historically comprised of trade customs which were subsequently consolidated into commercial codes. Later on bilateral contracts were concluded. However, a tendency towards multilateral regulation came into being only in the second half of the 20th century. Seven periods are singled out in the development of international trade law. Formation and development of international trade law is dependent on the foreign policy and domestic policy prerequisites as well as tendencies typical of international trade relations as such. Basic principles of international law are a system-forming centrepiece of international trade law.
ER  -