USA’ role and place in international trade

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Abstract

Article is dedicated to the role and place of USA in international trade. The author pays great attention to the transformation of the international trade leaders since 2004, when China got the entrance to the TOP-3 of merchandise trade leaders. At the same time the author described the structure of USA’ foreign trade by commodities and services. He underlined the key feature of USA’ trade partners - EU countries, Canada, Japan (developed economies) and China, Mexico (developing economies). The author pays great attention to the questions of setting and developing of “mega” integrations, such as TTP and TTIP.

About the authors

Stepan Andreevich Ushanov

Peoples’ Friendship University of Russia

Author for correspondence.
Email: ushanovSA@gmail.com

post-graduate student of International economic relations department

6, Mikhluho-Maklaya str., Moscow, Russia, 117198

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Copyright (c) 2017 Ushanov S.A.

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