Oluwasegun purpose
Active member
International trade deal with the economic and financial interdependence among nations.it is a part of our daily life.it plays a vital role in shaping economic and social performance and prospts of countries around the world,especially those of developing countries.no country has grown without trade. However,the contribution of international trade to economic growth depends a great deal on the context in which it works and the objectives it serves.
international trade is the exchange of capital goods and services across borders or territories..
through international trade countries supply the world economy with the commodities that they produce relatively cheaply and demand from the world economy the goods that are made relatively cheaper elsewhere..
In order to know what is happening in the course of international trade, government keep track of the transaction among nations..
The records of such transactions are made in the balance of payment accounts.international trade and balance of payment are,therefore,two important aspects in the relationship between nations....
international trade is the exchange of capital goods and services across borders or territories..
through international trade countries supply the world economy with the commodities that they produce relatively cheaply and demand from the world economy the goods that are made relatively cheaper elsewhere..
In order to know what is happening in the course of international trade, government keep track of the transaction among nations..
The records of such transactions are made in the balance of payment accounts.international trade and balance of payment are,therefore,two important aspects in the relationship between nations....
