Benefits from Trade Agreements for Developing vs Developed Countries. Comparative Analysis of France and Kenya

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School of Business | Bachelor's thesis
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Date

2022

Department

Mikkelin kampus

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Mcode

Degree programme

(Mikkeli) Bachelor’s Program in International Business

Language

en

Pages

46

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Abstract

Objectives The main objectives of this study were to compare the benefits that developing and developed economies gain from the international trade agreements. In addition, the obstacles of the benefits of international trade being observed to the same extent for both developing and developed parties. Summary The research examined secondary data from databases with the aim of identifying the most relevant economic indicators about trade and how they showcase the differing rate of development and impacts in the trade structure and economy. Additionally, the main finding of this research is focused on the impacts of international trade that are derived from trade structures and agreements. Conclusions The study found that trade structures that heavily dominated by exporting primary commodities and importing manufactured goods tend to receive less benefits from international trade to their development compared to countries who do the opposite. Moreover, the overall impact of international trade has been positive on both developed and developing nations economies. Additionally, the findings suggest that the trade agreements need to include more effective terms regarding development

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Thesis advisor

Mihailova, Irina

Keywords

international trade, developing economies, developed economies, international trade agreements, trade structure, development

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https://urn.fi/URN:NBN:fi:aalto-202205153141

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[kand] Kauppakorkeakoulu / BIZ (Open Access)