International Trade and Globalisation

International trade has an important share in GDP in different countries. The increase of international trade over the years has been a result of the globalization process. Globalization refers to the interdependence between countries arising from the integration of different aspects of the economy, such as trade. International trade can stimulate economic growth of countries that are now so interconnected. Currently, globalization cannot be ignored by businesses, due to the opportunities offered by foreign markets

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