Commercial Latin Trade is an activity involving the purchase
or sale of goods for processing, sale or use. This operation consists of
changing one thing for another, usually money. International, time is something
that belongs or relates to two or more countries or who have exceeded the
limits of a nation.
Two definitions of this business allows us to refer to the
concept of international trade, which is trade between the two countries. In
this sense, gives the products or services exporters in the importing country.
International trade is often used as a synonym for trade or
trade. This means that there are economies open trading (ie is willing to allow
the entry of goods from other countries).
The process is driven by international trade since the
second half of the 20th century, with the development of telecommunications and
transport. The capitalist system, established in the world after the fall of
the Union of Soviet Socialist Republics (USSR), growth based on free trade and
the removal of barriers and borders.
There are several economic theories that explain the
importance and necessity of international trade. Adam Smith (1723-1790) said
that the products are manufactured in countries with low production costs, and
then exported to the world, what is called absolute advantage. David Ricardo
(1772-1823), meanwhile, called comparative advantages, highlighting the costs
resulting from the comparison between countries.
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