Evaluation of International Trade Agreements between Jordan and Some Countries (Turkey, Egypt, and the USA)
Keywords:
International trade agreements, Exports, Imports, Trade balanceAbstract
The study aimed to evaluate and reconsider the foundations of some international trade agreements between Jordan and several countries, including the USA, Turkey, and Egypt, and to determine the extent to which they benefit the Jordanian economy. The provisions of the agreements were examined, and similar studies on international trade agreements with the USA, Egypt, and Turkey in several countries were reviewed. The study employed a descriptive-analytical approach. The results showed that international trade agreements with the USA and Egypt positively impact the enhancement of Jordanian exports. The study also indicated that international trade agreements between Jordan and the USA positively affect the Jordanian trade balance, while agreements with Turkey and Egypt negatively affect the Jordanian trade balance. The study recommended supporting and strengthening the Jordanian Free Trade Agreement with the United States of America, considering it the most important trade partner for Jordan.