The Impact of International Trade on Economic Growth, Case of Kuwait
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.