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What is international trade?

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Question ajoutée par Samer Khatib , Economics Moderator , Bayt.com
Date de publication: 2016/12/16
Ashraf E. Mahmoud (PhD)
par Ashraf E. Mahmoud (PhD) , University Lecturer, Freelancer Consultant and Trainer for Int'l Business & Banking TF. , FreeLancer

In a very brief wording,

International Trade is the process of exchange "Goods" and "Services" outside the country's barriers.

Ammer Abu-Setta
par Ammer Abu-Setta , Executive Assistant , ARABIAN PAN GULF COMPANY (APCO)

 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).

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