THE CORRELATION BETWEEN TRADE ACROSS BORDERS AND GROSS DOMESTIC PRODUCT: THE CASE OF COSTA RICA

Miguel Calderón, Planning Manager, Roure Blau, Honduras
Mario Alejandro Calderón, Human Resource Manager, HNC, Honduras
Lauren Benavidez, Commercialization Manager, Nicaragua

Published in

EUROPEAN JOURNAL OF BUSINESS RESEARCH
Volume 18, Issue 1, p45-48, June 2018

ABSTRACT

Business regulations are rules, procedures and systems are based according to the best interest for the population promoting consequently economic and sustainable growth to the country. During the last decade, the World Bank Group publishes a yearly article for every nation, including significant variables affecting businesses. The evaluation explored the effect of Trade Across Borders (TAB) indicator in Gross Domestic Product for Costa Rica. Results were positive, suggesting an optimistic impact in the indicator for GDP, signifying that improving TAB will increase economic growth.

Keywords

Doing Business, Trade Across Borders, GDP, Costa Rica.


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