Ever Booming International Trade
Bill Gates (USA) As a co-founder of Microsoft, Bill Gates has undeniably influenced the world we live in today. What's more , his success with the tech giant has led him to a truly remarkable fortune of $89 billion more than half of his capital is from international trade. So we'll understand about the International Trade and its importance International trade is the exchange of capital, goods, and services across international borders or territories because there is a need or want of goods or services. In most countries, such trade represents a significant share of gross domestic product In simple words, it means the export and import of goods and services. Export means selling goods and services out of the country, while import means goods and services flowing into the country Key features: 1. International trade is the exchange of goods and services between countries. 2. Trading globally gives consumers and countries the opportunity to be exposed to goods and ser