Analysis Of the Effects Of the US-China Trade Conflict On The Arab Economies With Special Reference To Iraq

Authors

  • Hani Muneam Daham
  • Dr.Hanaa Hammood Alsam

Keywords:

Protectionist Policy, International Trade Conflict, International Economy.

Abstract

Abstract:

   The trade conflict between the United States of America and China has affected the global economy in general and the economy of a large number of countries in particular. The economic war is a real test of the theoretical frameworks that talk about the economic approach to hegemony, as well as the assumptions of the balance of global forces and the data of the multipolar world, the nature of international interactions and the position of China in them, and the extent of a transformation in the global system based on American supremacy. This research deals with analyzing the impact of the ongoing trade conflict between them on the Arab economies and on Iraq in particular, identifying the repercussions and their causes, and setting possible ways to avoid or mitigate the harm of this conflict on the Iraqi economy. The Arab countries, especially the oil ones, have been affected by the trade conflict between the United States of America and China in many directions due to the fact that these countries are exposed to the global economy and have economic relations with the two parties to the conflict, and this is what calls the Arab countries to change their economic and trade policies to reduce the impact of this conflict. In addition to the importance of Iraq following a policy of economic and commercial diversification in a way that enhances the country's political independence, and the need to seize the useful and available opportunities from its relations with both the United States of America and China.

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Published

2022-03-03