International trade

International trade, also known as commerce, refers to the transactions of goods and services across national borders, which are generally composed of import trade and export trade, so it can also be called import and export trade.
International trade can be said to be the most important industry that reflects the prosperity and decline of the economy, and the trade surplus, or deficit, or balance reflected from it can also measure a country’s economic strength and economic structure.


Personal views on international trade

First of all, if it is a surplus country that exports more than imports, it will inevitably affect the country’s productivity and economic growth (increased demand). Secondly, from the perspective of national development level, developed countries must be the masters of trade, and they must be beneficial to developed countries. They can import labor-intensive products from developing countries and then focus on developing high-tech and innovative industries. Leading the role of the times. Then, there are some labor-intensive industrial countries that are not well developed and have a large population, but their economic growth is lagging. At this time, international trade has brought them the opportunity to grow their economy. By exporting products that they are good at and low-cost, it can be the best of both worlds. : Developed countries have achieved import and consumption of cost-effective products, while developing countries and some small countries have achieved the effect of economic growth, driving economic growth.

Do you think international trade has any additional impact on the national economy? Or something else?


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