International Trade
About International Trade
In order to satisfy a need or demand for products or services, people engage in international trade, which involves the exchange of capital, goods, and services across national boundaries. Such commerce accounts for a sizable portion of the gross domestic product in the majority of nations. Trade of this nature strengthens and expands the global economy. Televisions, clothing, capital goods, food, raw materials, and other items are among the most frequently exchanged commodities.
Why is International Trade important?
Countries can get commodities and services that would not otherwise be accessible locally through international trade, expanding their markets in the process. The market is more competitive as a result of global commerce. In the end, this leads to more competitive pricing and sends a less expensive product to the customer.
Who should take the International Trade Exam?
- Entrepreneurs who are into Export, Import & Global Trade
- Employees of Trading Organizations
- A student who wants to launch their career in the Trading Industry.
International Trade Certification Course Outline
- Types of trades.
- How to Initiate a Trade?
- What is a Product Description?
- Pricing in an International Trade
- Documents used in the International Trade
- What is Purchase in Trading?
- Payments Terms in a Trade
- What is operations in Trading?
- What is selling in Trading?
- How will You manage your pricing
- Vertical Integration in Trading
- Horizontal Integration in Trading
- Demand Vs Supply
- Trade Economics - Global View