ANALYSIS OF ECONOMIC POLICY OF DOOR OPENING OF THE UNITED STATES INTO LATIN AMERICAN COUNTRIES

The economic and commercial globalization is a process in which the national economies and their markets are slowly opening themselves to competition, foreign investments, new technologies and information. The essential aspects of globalization are foreign trade and movement of international capital. Globalization is closely connected also with openness of the economy. International organizations and regional groupings help in development of such relations, but at the same time they create rules of mutual entrepreneurship and business, of development of investment relations and of trade (Suplata, 2011). In the scientific study we analyse the policy of the United States of America and the countries of Latin America, and describe establishment of the respective regional international groupings. We have also focused our research on the development of political and economic relations among the countries of Latin America and the United States of America that have new dimensions and contribute to stability. Due to removal of trade and services barriers there is growing liberalization, mainly in goods, services and capital, what has positive impact on diminishing of poverty and increasing of income in respective countries. When examining those phenomena we have focused our attention also on specific facts connected with foreign trade balances of certain selected countries of Latin America and on their cooperation with the United States of America.