Publication Date: 2023/07/08
Abstract: For any country, international trade is a significant source of economic growth. The association among economic growth and import and export is examined in this study. Studying the development pattern of international commerce and examining the connection between exports, imports, and expansion of Nepal's economy. The relation between Nepal's international trade and economic growth has been studied using the ARDL and ERM model. This paper is supported by data spanning the years 1974/1975 through 2021/22 from Ministry of Finance. The empirical data shows a stable long-term relationship between economic growth and international commerce. Therefore, it is recommended to adopt a strategy of enough investment in export-oriented sectors that exhibit the proper mix of export promotion and import substitutes.
Keywords: International Trade, Export, Import, Economic Growth.
DOI: https://doi.org/10.5281/zenodo.8143373
PDF: https://ijirst.demo4.arinfotech.co/assets/upload/files/IJISRT23JUN234.pdf
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