DOES INTERNATIONAL TRADE AFFECT WELFARE? ECONOMIC FIQH ANALYSIS OF UMAR BIN KHATTAB

nternational trade in the era of globalization is essential. With
international trade, the world economy becomes interconnected
(Sharing economic) and interdependent. This study aims to find
out and analyze how much influence international trade has on
improving domestic welfare. The method used in this study is the
PLS method, which is a type of multivariate research.
International trade as an independent variable and welfare
variable as the dependent variable is a construct of the overall
model. Trade variables are indicated by FDI and Net export
variables, while welfare variables are indicated by variables of
income, consumption and wealth. From the results of this
research, it was found that the construct variable namely
international trade as an independent variable had a significant
effect on the dependent variable, welfare. While the indicators for
each variable, namely the value of FDI and Net exports, has a
significant impact on international trade variables. Likewise with
welfare indicators, namely the level of income, consumption and
wealth also affect welfare.