Babylon 10
The world's best online dictionary

Download it's free

Definition of International trade

International trade Definition from Sports Dictionaries & Glossaries
The business of buying and selling commodities outside of national boarders.
International trade Definition from Encyclopedia Dictionaries & Glossaries
English Wikipedia - The Free Encyclopedia
International trade is the exchange of capital, goods, and services across international borders or territories, which could involve the activities of the government and individual. 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 Uttarapatha, Silk Road, Amber Road, salt road), its economic, social, and political importance has been on the rise in recent centuries. It is the presupposition of international trade that a sufficient level of geopolitical peace and stability are prevailing in order to allow for the peaceful exchange of trade and commerce to take place between nations.

See more at
© This article uses material from Wikipedia® and is licensed under the GNU Free Documentation License and under the Creative Commons Attribution-ShareAlike License