The impact of foreign trade on achieving economic growth in Iraq for the period from (2008-2023).
Muhammad Ahmed Jassim Al-Abbasi
The current study aimed to determine the impact of foreign trade on achieving economic growth in Iraq for the period from (2008 - 2023). The analytical and measurement approach was used to test the study hypotheses and determine the impact of the independent and dependent variables, relying on the statistical analysis program known as EVU10. At the beginning of the study, the general framework of the study was determined by defining the problem of the study and then determining its importance and objectives, in addition to setting the study hypotheses. In the theoretical framework, the concept and nature of foreign trade, its objectives and importance were discussed. The concept of economic growth and its objectives were reviewed, In addition to the practical part, the standard model for the study was determined first and then the practical application was implemented. The study reached several conclusions, the most prominent of which is that foreign trade occupies an important place in the economy of all countries and Iraq in particular, Foreign commerce plays a significant role in the Iraqi economy by providing foreign currency exports to fulfill the import demands of Iraqi society. The research demonstrates a bilateral causal connection between exports and economic growth, namely the Gross Domestic Product (GDP). It reveals that exports have a distinct and substantial positive influence on the GDP. Increasing exports by 1% results in a corresponding rise in the GDP.
Muhammad Ahmed Jassim Al-Abbasi. The impact of foreign trade on achieving economic growth in Iraq for the period from (2008-2023).. Int J Finance Manage Econ 2024;7(2):117-123. DOI: 10.33545/26179210.2024.v7.i2.350