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The 2009 import and export market for collections and collectors' pieces of zoological, botanical, mi - The 2009 Import and Export Market for Ferrosilicon in Egypt



International Trade is the exchange of capital , goods , and services across international borders or territories. [1] In most countries, such trade represents a significant share of gross domestic product (GDP). While international trade has existed throughout history (for example Uttarapatha , Silk Road , Amber Road , scramble for Africa , Atlantic slave trade , salt roads ), its economic, social, and political importance has been on the rise in recent centuries.

Trading globally gives consumers and countries the opportunity to be exposed to new markets and products. Almost every kind of product can be found in the international market: food, clothes, spare parts, oil, jewelry, wine, stocks, currencies, and water. Services are also traded: tourism, banking, consulting, and transportation. A product that is sold to the global market is an export , and a product that is bought from the global market is an import . Imports and exports are accounted for in a country's current account in the balance of payments. [2]

International trade is also a branch of economics , which, together with international finance , forms the larger branch called international economics .


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