BILATERAL TRADE GAP BETWEEN BANGLADESH AND SOUTH KOREA: THE REASONS AND THE REME

Author Topic: BILATERAL TRADE GAP BETWEEN BANGLADESH AND SOUTH KOREA: THE REASONS AND THE REME  (Read 151 times)

Offline hassan

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Published on Diu journal of business

Abstract: The prime focus of this study is to investigate the bilateral trade gap between
Bangladesh and South Korea. To find the bilateral trade gap at the outset this paper will
investigate total exports and imports between South Korea and Bangladesh and then this
study focuses on examining the determinants of total bilateral trade during the period
from 1991 to 2020. The study also investigates the strategies through which two
countries can improve their bilateral trade relation and can find amicable ways to
minimize trade gap. Firstly, the findings reveal that bilateral trade gap increased during
the study period of last 30 years. Secondly, the study identifies some determinants
namely asymmetry of output, currency risk, comparative advantage and inconsistency of
trade friendly environment which led to high bilateral trade gap between the two
countries. Finally, this paper suggests some policy recommendations such as hedging of
currency risk, increasing Foreign Direct Investment and Research & Development
allocations, as well as to create scope for maintaining Gross Domestic Product growth
and to increase bilateral cooperation through deliberation amongst high governmental
officials and political leaders of the two countries. A model is also developed to forecast
the bilateral trade between these two countries in the foreseeable future.
Keywords: Forecasting, Import, Export, Bilateral Trade
http://dspace.daffodilvarsity.edu.bd:8080/bitstream/handle/123456789/3379/Paper-3.pdf?sequence=1&isAllowed=y
Md. Arif Hassan
Assistant Professor
Department of Business Administration
Faculty of Business and Economics
Daffodil International University

Offline drrana

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Offline Anhar Sharif

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Md Anhar Sharif Mollah

Assistant Professor of Finance

Department of Business Administration

            &

Assistant Proctor

Daffodil International University

Cell: +8801758883609

Offline niamot.ds

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This is a good piece of understanding bilateral trade. We often focus on the trade deficit between India, and China, but forget to highlight other countries. In this way, this work is well suited.


Thanks to the authors.
Md. Niamot Ali
Lecturer,
Department of Development Studies
Daffodil International University, Dhaka, Bangladesh
Cell: +8801924090434
​Skype: niamot.ali.duds
Twitter: https://twitter.com/ANiamot
Linkedin: https://www.linkedin.com/in/ali-niamot-373b423b/

Offline anwar.swe

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thank you for sharing this information
Nd. Anwar Hossen
Senior Lecturer
Mentor, IEEE DIU Student Branch
Department of Software Engineering, FSIT
Daffodil International University

Offline Umme Atia Siddiqua

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Thanks for sharing.

Offline Nusrat Jahan Momo

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Thanks for sharing