THE EFFECTS OF THE TRADE POLICIES ON THE ECONOMIC GROWTH: EMPIRICAL EVIDENCE FROM THE ECONOMY OF IRAQ

Effective trade policies are the critical component of economic development (EG), and policymakers and new studies need to place more emphasis on this area. As a result, the current research explores the effects of trade policy on the EG of Iraqis, including those pertaining to goods trade, trade, and taxes on global trade. The study also included two control factors, such as industrialization and inflation. The World Development Indicators (WDI) was used in the article to extract the pertinent data from 1986 to 2020. The report also tested the relationships between the constructs of the understudies using the Dynamic Auto-regressive Distributed Lags (DARDL) model. The research showed a favorable relationship between the EG of Iraq and the trade in goods, taxes on foreign commerce, inflation, and industrialization. By concentrating on efficient trade-related policies, the results helped the policymakers create innovative EG-related policies.