International Trade Reforms and Iranian Economy

In new Millennium, International Trade reforms in globalization means comparative advantage in marketing and appropriate accessibility to target markets which is more important than comparative advantage of production in trade Liberalization process. The economy of Iran is the seventeenth largest in the world by purchasing power parity and twenty-sixth by market value. The economy of Iran is a mixed and transition economy with a large public sector and about 50% of the economy centrally planned. Iran is located in an area between the Persian Gulf and Caspian Sea. It is the second largest oil exporter in the Middle East. The government most revenue is from oil and gas exports with fluctuating prices which may led to unstable economy.