What is International Trade?
International Trade is the exchange of goods and services across international boundaries and territories. In most countries it represents a significant share of GDP. This type of trade gives rise to world economy in which prices, and or, supply and demand affects and is affected by global events. Trading globally provides consumers and countries, the opportunity to be exposed to goods and services not available in their own country.
Related Questions
- How is international trade affected by changes/differences in food safety regulations in different countries?
- Does Mouser comply with ISPM 15, Guidelines for Regulating Wood Packaging Material in International Trade?
- How will this International Trade Center affect the economic relations between Greece and Bulgaria?
