International trade
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(Redirected from Imports)
International trade is the exchange of goods and services across international boundaries or territories.[1] In most countries, it represents a significant share of GDP. While international trade has been present throughout much of history (see Silk Road, Amber Road), its economic, social, and political importance has been on the rise in recent centuries. Industrialization, advanced transportation, globalization, multinational corporations, and outsourcing are all having a major impact. Increasing international trade is basic to globalization.. International trade is a major source of economic revenue for any nation that is considered a world power. Without international trade, nations would be limited to the goods found within their own borders. Desire to acquire foreign goods, eventually, led to the period of exploration and eventual discovery of the Americas
International Trade Series
v • d • e
International trade
History of international trade
Fair trade
Free trade
Protectionism
Trade pact
Trade bloc
Preferential trading area
Free trade area
Customs union
Trade creation
Trade diversion
Monetary union
Common market
Economic and monetary union
International trade is also a branch of economics, which, together with international finance, forms the larger branch of international economics.