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

Dr. Ghassan F. Hanna

Authors

Dr. Ghassan F. Hanna

Keywords:

trade, foreign direct investment, US economy, arab economy, free trade agreement

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.

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U.S. a Arab Trade and Investment Relations (2010 a 2014): An Analytical View. (2015). Global Journal of Management and Business Research, 15(43), 27-37. https://journalofbusiness.org/index.php/GJMBR/article/view/

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Author Biography

Dr. Ghassan F. Hanna

Dr. Ghassan F. Hanna is a distinguished researcher and academic specializing in international business, trade, and investment, with a particular focus on post-conflict economies. He holds a Ph.D. in Business Administration with a specialization in Management from Alliant International University. Dr. Hanna has served as a faculty member at DeVry University and Southern New Hampshire University, where he has contributed to the field through his research on cultural distance and foreign direct investment, as well as U.S.-Arab trade relations. His notable works include "The Impact of National Cultural Distance on Foreign Direct Investment in Iraq" and "U.S. a Arab Trade and Investment Relations (2010 a 2014): An Analytical View." As a recognized Fellow, he continues to engage in scholarly activities and peer review, furthering knowledge in management and international economics.

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