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"International Trade"

Definition of international trade

According to web (http://www.investorwords.com/5904/international_trade.html) international trader is ‘a transaction of a security or commodity'. Also we called trade. Nowadays trade is very important in business world because of if company or country do not trade internationally, they cannot survive in this world.

Advantages of international trade

What are the advantages of international trade? According to web (http://www.myownbusiness.org/s13/#4) these are advantage of international trade.

Enhance your domestic competitiveness. Increase sales and profits.

Gain your global market share. Reduce dependence on existing markets.

Exploit international trade technology. Sell excess production capacity

Maintain cost competitiveness in your domestic market. Extend sales potential of existing products.

Stabilize seasonal market fluctuations. Enhance potential for expansion of your business.

Regarding to above table, we can know about the advantage when company or country trade internationally. When country trade with other counties, they can get does advantage. As a result, they need to trade with other countries for survive and develop their country.

Disadvantage of international trade

What are the disadvantages of international trade? According to web (http://www.myownbusiness.org/s13/#4) these are disadvantage of international trade.

You may need to wait for long-term gains. Hire staff to launch international trading.

Modify your product or packaging. Develop