Directional evolution of foreign trade and its impact on economic growth of developing countries selected for the period (1990 - 2009)

This research Interested in foreign trade transactions, the ongoing trade across national borders through trade exchange between the State and the outside world, to achieve the advantages of specialization and international division of labor, but the reason that foreign trade is attributable to differences in the distribution of natural wealth and gained between the countries of the world, and not being able to achieve self-sufficiency as a result of distribution asymmetric to the factors of production, so it should specialize in the production of some goods at low cost and highest efficiency, differing production costs, circumstances and tastes, preferences and other was one of the factors that led to the establishment of foreign trade, as it occupies the importance of the economies of most of these countries being the engine a basis for economic growth, exports are manufactured is the base engine for accelerating economic growth, also affect the import of capital goods, industrial and agricultural directly to move the growth of commodity sectors, especially industry and agriculture.

Abstract licence: CC BY

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