International Trade

International trade is a trade carried on by a resident of a country with a population of other countries on the basis of mutual agreement. Population in question can be interpersonal (individual to individual), between individuals and the government of a country or a government with other governments. In many countries, international trade became one of the main factors to increase the GDP. Although international trade has occurred for thousands of years (see Silk Road, Amber Road), its impact on economic, social, political and newly perceived several decades. International trade also helped encourage industrialization, transportation advances, globalization, and the presence of multinational companies.

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