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Research Paper | Finance | Bangladesh | Volume 7 Issue 11, November 2018 | Popularity: 7.5 / 10

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Impact of International Trade on Economic Growth in Bangladesh

Md. Hasnain Ahamad

Abstract: International trade is so much essential for the development of any country because at the time of globalization one countrys people can easily buy or sell products to another countrys people. The objectives of this study were to determine the impact of international trade on economic growth in Bangladesh and the relationship between international trade and economic growth in Bangladesh. This study analyzed the achievements of the economy in terms of important variables as export and import which together forms international trade and economic growth was determined by GDP. This study used Pearson Correlation and Multiple regression model for empirical findings. Secondary data was used to conduct this study and the required data was collected from the Bangladesh Bureau of Statistics, Wikipedia and from the website of Trading Economics. The study found that international trade (export and import) has a significant positive impact on economic growth (GDP) in Bangladesh and international trade is strongly positively correlated with economic growth (GDP) in Bangladesh.

Keywords: Bangladesh, Economic Growth, Export, Import, International Trade

Edition: Volume 7 Issue 11, November 2018

Pages: 1624 - 1627

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