Macroeconomic Effectiveness of Foreign Trade Policy in The National Economy

Abstract

This article analyzes the role of foreign trade policy in the development of the national economy, its impact on macroeconomic indicators, and the issues of increasing its economic efficiency. The study examines foreign trade policy as an important component of the state's economic strategy, The importance of regulating export and import operations, supporting national producers, and expanding international trade relations is scientifically substantiated. The article analyzes the role of foreign trade policy in ensuring macroeconomic stability, specifically its impact on the growth of gross domestic product, increased investment activity, improved employment levels, and maintaining a balanced balance of payments. Additionally, special attention is paid to effectively shaping foreign trade policy in the context of modern globalization processes, increasing export potential, optimizing the composition of imports, and strengthening the competitiveness of the national economy. The study analyzed opportunities to ensure the stable development of the national economy, expand production volume, and improve the country's position in the international economic system through the improvement of foreign trade policy. the opportunities for ensuring the stable development of the national economy by improving foreign trade policy, expanding production volume, creating new jobs, and strengthening the country's position in the international economic system were analyzed. In addition, the problems that arise in the process of implementing foreign trade policy and the economic mechanisms for addressing them were also examined. The research findings serve to develop scientifically grounded proposals and recommendations for enhancing the macroeconomic efficiency of foreign trade policy in the national economy.