ANALYSIS OF INTERNATIONAL TRADE AND ITS IMPACT ON ECONOMIC GROWTH
Keywords:
International trade, economic growth, GDP (Gross Domestic Product), comparative advantage, globalization of markets, export and import, tariff and non-tariff barriers, trade liberalization, competitiveness, economic development strategyAbstract
This article analyzes the impact of international trade, one of the main pillars of the modern world economy, on the economic growth of countries. The study discusses the positive (efficient use of resources, technological exchange, competition, new markets) and negative (threat to domestic production, resource depletion, external dependence) aspects of international trade. The correlation between international trade and GDP is shown in the examples of different countries (developed and developing). The article also provides conclusions and suggestions on strategies and measures that can be used by countries to maximize the impact of international trade on economic growth
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O‘zbekiston Respublikasi Tashqi savdo vazirligi rasmiy veb-sayti: https://www.mft.uz
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