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- Registered: 2015-02-02
- Posts: 48
What is International Trade!
International trade is the exchange of capital, goods, and services across international borders or territories.
International trade is the backbone of our modern, commercial world, as producers in various countries try to profit from an expanded market, rather than be limited to selling within their own borders. There are many reasons that trade across national borders occurs, including lower production costs in one region versus another, specialized industries, lack or surplus of natural resources and consumer tastes.
International trade play a important role in our life. Today without international trade a country can not run.
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