This study explores the intricate relationship between global trade and economic development, focusing on the effects of trade openness, foreign direct investment (FDI) inflows, tariff rates, and exchange rates on economic growth. Employing statistical tools such as correlation analysis and regression models, the paper examines the influence of these variables on GDP across different countries.
Global trade and economic development
This study explores the intricate relationship between global trade and economic development, focusing on the effects of trade openness, foreign direct investment (FDI) inflows, tariff rates, and exchange rates on economic growth. Employing statistical tools such as correlation analysis and regression models, the paper examines the influence of these variables on GDP across different countries.
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