foreigntrade
ForeignTrade is the exchange of goods and services across international borders. It includes exports (sales to other countries) and imports (purchases from other countries), as well as cross-border services such as finance, transportation, and tourism. Trade is influenced by exchange rates, transport costs, tariffs, subsidies, and other government policies.
Economies engage in foreign trade to obtain goods and services not readily available domestically or to acquire
Trade flows are measured through indicators such as the trade balance, current account, and gross exports and
Policy tools used to manage foreign trade include tariffs, quotas, subsidies, and non-tariff barriers. Trade agreements
Historically, foreign trade has evolved from mercantilist practices to liberalized, rules-based systems that emphasize transparency and
Foreign trade can drive growth, innovation, and efficiency, while also presenting adjustment challenges for workers and