We examine the implications of a North-South trade accord where investments in the Southern partner nation exhibit country risk. Our analysis demonstrates that North-South trade accords can serve as credibility-enhancing mechanisms that induce additional foreign capital inflows into Southern...

The many groupings of developing countries formed in the fifties and sixties with a view to establishing a customs union have failed to achieve convincing results so far. Would another integration strategy have been more successful?

This paper examines the effects of the FDI and foreign trade (Exports and Imports) as well as their importance in international economic activities. A central subject the study is to examine the impact of FDI and foreign trade on the growth and prosperity status of countries. Whereby the paper...