Question 1

What is international trade?

Accepted Answer

It is a field of study and professional field related to understanding, implementing, and managing trade processes between countries and between companies and institutions across national borders.

Question 2

What is the importance of international trade?

Accepted Answer

International trade is very important to national and global economies as It enables countries to get important goods and services that are not available in their domestic markets to meet the needs of their citizens. Additionally, international trade enhances cooperation between countries and contributes to improving international relations.