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U.S. a Arab Trade and Investment Relations (2010 a 2014): An Analytical View

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U.S. a Arab Trade and Investment Relations (2010 a 2014): An Analytical View

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Abstract

Trade and investment are vital to economic growth and markets’ integration. A study was conducted to assess U.S. -Arab trade and investment relations and the impact of Free Trade Agreements on the economic development in the Arab world. The qualitative research utilized publically available trade and investment data for years 2010 -2014. U.S. exports to the 22 Arab countries for Year 2014 amounted to $71.4 billion and accounted for 4.4% of total U.S. exports to the rest of the world which stood at $1.6 trillion. U.S. imports (mostly oil and gas) from the Arab countries stood at $88.2 billion and amounted to 3.7% of total U.S. imports from rest of the world. The six Gulf Cooperation Council countries accounted for 70.4% of total U.S. exports to Arab countries and 74.8% of its total imports. Free trade agreements had limited impact on economic cooperation between United States and Arab countries. All signatories were among U.S. small Arab trading partners.

References

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Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

Data Availability

Not applicable for this article.

How to Cite This Article

Dr. Ghassan F. Hanna. 2015. "U.S. a Arab Trade and Investment Relations (2010 a 2014): An Analytical View". Global Journal of Management and Business Research - B: Economic & Commerce GJMBR-B Volume 15 (GJMBR Volume 15 Issue 43 (B9)).

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Journal Specifications

Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

Keywords
Classification
GJMBR-B Classification JEL Code: F40
D92
Version of record
v1.2

Issue date
September 28, 2015

Language
English
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U.S. a Arab Trade and Investment Relations (2010 a 2014): An Analytical View

Ghassan Hanna
Ghassan Hanna Southern New Hampshire University