2009-08-17_194733_International_Trade

2009-08-17_194733_International_Trade - International trade...

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International trade is exchange of capital, goods, and services across international borders or territories . International trade has been a major driver of global growth and prosperity over the last fifty years. Barriers to trade have fallen significantly over the last half-century, but some products, particularly in agriculture and labour-intensive sectors, remain subject to high levels of protection. International trade remains a subject of intense debate among policy-makers and the wider public. While expanding export markets are widely accepted as beneficial, increases in imports can be seen as threatening, replacing domestic production with goods and services from abroad ADVANTAGES OF INTERNATIONAL TRADE :: Enhance your domestic competitiveness Increase sales and profits Gain your global market share Reduce dependence on existing markets Exploit international trade technology Reduce dependence on existing markets Exploit international trade technology
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