international tradedefinitionit is the exchange, Managerial Economics

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international tradedefinitionit is the exchange

INTERNATIONAL TRADE

Definition

It is the exchange of goods and services between one country and another. International Trade can be in goods, termed visibles or in services, termed invisibles e.g. trade in services such as tourism, shipping and insurance.

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Managerial Economics: international tradedefinitionit is the exchange

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Managerial Economics: international tradedefinitionit is the exchange

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