“International Trade has changed the world economy”

International Trade has changed the world economy

Trade has grown remarkably over the last century

The combination of national economies into a global economic is one of the most important developments of the last century. This process of integration, often called Globalization, has materialized in a remarkable growth in trade between countries.

International Trade mean to the exchange of the goods and services from one country to another. In other words, imports and exports. A global company is a company doing business worldwide which has trade in many countries in the different regions of the world..

 It’s moving in two directions:

1. Imports – Buying goods and services from other country to our country

2. Exports –Selling Goods and services to other country.

For Full Text https://www.intraders.org/news/ot/international-trade-has-changed-the-world-economy/

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