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Trade liberalization in world practice and the example of Azerbaijan

Author

Listed:
  • Vusala Jafarova

    (Postgraduate student at the Research Institute of Economic Reforms of the Ministry of Economy of the Republic of Azerbaijan)

  • Mughdat Hajizada

    (Baku Engineering University)

Abstract

The concept of trade is one of the basic principles of international economic relations and economic development. Over time, various views have been put forward on the regulation of trade. Well-known economists and researchers believe that free trade, in addition to improving international relations, has a positive impact on the country and the world economy...

Suggested Citation

  • Vusala Jafarova & Mughdat Hajizada, 2022. "Trade liberalization in world practice and the example of Azerbaijan," The Scientific-Analytical Journal "Economic Reforms", Center for Analysis of Economic Reforms and Communication of the Republic of Azerbaijan, vol. 2022(2), pages 42-50, August.
    • Handle: RePEc:azr:reform:v:2022:y:2022:i:2:p:42-50
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    More about this item

    Keywords

    Azerbaijan; WTO; trade liberalization; non-oil sector; tariff ratios;
    All these keywords.

    JEL classification:

    • F4 - International Economics - - Macroeconomic Aspects of International Trade and Finance

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