Globalization has revolutionized many trade practices. Its consequence is the contraction of the world wherein various diverse countries are engaged in the exchange of products and services with each other. The international trade is facilitated by a country which is engaged in the selling of product or rendering of service, known as the exporter and the country which buys such product or avails such services is called Importer. International trade consists of two main factors which facilitates the control over trade:
International trade has resulted in many benefits from all the aspects:
Trade has been a part of civilization for centuries but the way international trading is done now has made the world a 'panacea' once again which will bring in more benefits in the times to come.
International trade is really a boon for World Economy because whole World\'s Economy depends on it
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