DOIONLINE 
DOIONLINE Publish In |
International Journal of Management and Applied Science (IJMAS)-IJMAS |
 Journal Home Volume Issue |
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Issue |
Volume-2,Issue-9 ( Sep, 2016 ) | |||||||||
Paper Title |
The Impact of International Trade on Economic Growth, Case of Kuwait | |||||||||
Author Name |
Hassan Sharafuddin | |||||||||
Affilition |
Business studies program, Arab Open University, Kuwait | |||||||||
Pages |
104-107 | |||||||||
Abstract |
International trade plays a significant role within the global economies, especially in developing countries, like Kuwait, especially over the last decade. In situations where the balance of imports and exports are unbalanced, trade can be harmful. Especially in developing countries, viable products for trade are instrumental in creating, establishing, maintaining and increasing their economy. While increasing trade with other countries, it is also imperative that countries also protect local and small businesses so that citizens are able to support themselves and invest dollars back into the economy. International trade has a significant impact of a country’s economic viability. With sustainable products for trade and the processes to extract, produce and export product, while keeping tariffs and taxes attractive for investors, developing countries are able to succeed in international trade in the global market. Keywords- International Trade, Economic growth, Oil industry, Kuwait. | |||||||||
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