The Influence of Global Trade Policies on Business Development in Emerging Markets

Ebuka Emmanuel Aniebonam; Kenneth Chukwuba; Nomfundo Zama Khoza; Lois Dufie Adade

doi:10.55938/ijgasr.v4i1.189

Authors

Ebuka Emmanuel Aniebonam Southwest Minnesota State University
Kenneth Chukwuba Southwest Minnesota State University
Nomfundo Zama Khoza Southwest Minnesota State University
Lois Dufie Adade Southwest Minnesota State University

DOI:

https://doi.org/10.55938/ijgasr.v4i1.189

Keywords:

Globalization, Business, Development, Emerging Market, Enterprise, Sustainable

Abstract

This study explores the complex relationship between global trade policies and business development in emerging markets. As globalization transforms economic environments, comprehending the ramifications of trade policy is becoming increasingly vital for enterprises in developing countries. This study examines the impact of trade agreements, tariffs, and regulatory frameworks on market accessibility, competitiveness, and growth prospects for enterprises in emerging markets. The research analyses case studies from many areas, emphasizing the dual role of trade policy as both a driver of growth and a barrier for local businesses. This study utilizes a qualitative technique, using case studies and interviews with industry experts, legislators, and corporate executives. The findings highlight the imperative for politicians and business leaders to cooperate in establishing favourable conditions that promote sustainable company growth in emerging nations.

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