TRENDS IN THE DEVELOPMENTOF TRADE DIPLOMACY IN THE UNITED STATES IN PROMOTING NATIONAL INTERESTS ON THE WORLD STAGE

Abstract

To date, the driving force of economic diplomacy among countries is the United States. All components of international economic relations are determined by Washington, the foreign and domestic policies of countries are decided through the funds of the International Monetary Fund, the World Bank, and a number of other organizations. The achievements of American foreign policy rest primarily on a solid economic foundation. By any reasonable measure, Americans are better off now than they have been in comparable periods in the past, and increased participation in the global economy has played a major role in the continuing trend towards higher employment and living standards for Americans.