IMPACT OF INTERNATIONAL TRADE FREEDOM ON THE LEVEL OF POVERTY IN DEVELOPING COUNTRIES

Meylieva Dilafruz Uktam Qizi

Authors

Meylieva Dilafruz Uktam Qizi Master`s student, Faculty of World Economy and Management of the University of World Economy and Diplomacy

Keywords:

Poverty, gross domestic product, export, import, inflation, empirical analysis, regression, world trade organization, economic policy.

Abstract

The purpose of the study is to analyze and conclude to what extent free trade on a global scale can change the lifestyle of the low-income population in a developing country. Research methods scientific research was based on empirical analysis, in which 20 countries with a high percentage of poverty were selected from three continents. These are the countries of Asia, South America, Central America and the Caribbean region. several confounding factors are regressed together and concluded. Results of the study according to the results of the study, the countries of the South American region are interested in the increase of the share of imports in the trade, and on the contrary, in the countries of the Asian region, the increase in the export part of the trade has a positive effect on the prosperity of the country.

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