DETERMINANTS OF TRADE BALANCE IN SELECTED EMERGING COUNTRIES

Abstract

The most significant part of the economy of any country is the Trade Balance. The trade balance has had a major impact on the country’s industrial and commercial growth and has had an incredible direct impact on the country’s economy. The purpose of this research is to measure the impact of leading trade of balance, export and import such as, foreign direct investment, net inflows, household final consumption expenditure, GDP, real effective exchange rate index, and tax revenue. This study is identifies the trade of balance and how it can influence in the country import and export in Selected Emerging Countries, namely India, Indonesia, Ireland, Malaysia, Mexico, and Pakistan. The confirmed period is from 1990 to 2015. The relevant data will be obtaining from World Development Indicators (WDI). This study will help to understand the trade of balance, exports and imports. Exporting and importing helps grow national economies and expands the global market. Every country is endowed with certain advantages in resources and skills.