Trade Barriers to International Trade
WHAT IS GLOBAL/INTERNATIONAL TRADE?
Global trade is the exchange of capital, goods, and services across international borders or territories. In most countries, such trade represents a significant share of gross domestic product (GDP). While international trade has been present throughout much of history (see Silk Road, Amber Road), it’s economic, social, and political importance has been on the rise in recent centuries.
Industrialization, advanced transportation, globalization, multinational
Words: 7774 - Pages: 32