International Trade Objectives

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My main objective is International Trade, the types of International Trade, and the effects of International Trade to the economy of the country and all around the world. International trade means exchanging services and goods between two countries and more. This type of trade can help a country to increase its economy, and has many effects on it. Trading globally gives a great opportunity to consumers and countries to import that things which are not available in their country, or can find better quality than they have in their country. Trading goods like: oil, jewelries, foods, clothes, machines, etc.…. Services like: banking, tourism, internet and communication, transportation, and etc. selling a product to the global market is exporting that product, buying that product from a global market is importing that product to the country. A country can export goods when supply of that good is greater than the demand, in that case it can sell it to other countries, a country also needs to import when demand for a good is greater than the supply of that good. International Trade can increase efficiency of countries they deal with (trade), it also allows them to have comparative or/and absolute advantage.

Paragraphs: As I mentioned before, International Trade has some …show more content…

In theory, economies can grow even more efficiently and become competitive economic participants more easily. At that point currency and knowledge can enter to the home country from foreign. These can raise the employment rate, and can lead to growth in GDP. These are the receiving for the government. FDI gives opportunity to company to growth and expand their business which means greater

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