INTERNATIONAL TRADE 2
According to Business Dictionary, International trade is “the exchange of goods or services along international borders”. It means, when one country sells its products to other countries or buys products in other countries, this country trades internationally.
Nowadays almost all the countries all over the world are involved in international trade because it has a lot of benefits. Countries that trade internationally:
Have opportunity to get products or services unavailable within its borders;
Sale more products that domestic market needs;
Have opportunities to the specialization;
Participate in world economy – have the excess to Foreign International Investments.
Along with the benefits, international trade leads to the Continue reading...