December 2015
Intermediate to advanced
313 pages
16h 2m
English
Content preview from International Business, 2nd Edition by Pearson
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44 International Business
INTRODUCTION
International trade is the exchange of goods and services between countries. Trade is the business of
buying and selling goods or services in order to make a profit. Trade can be conducted within a country,
or internationally between nations. When a country is a seller of goods or services to another country or
region, such a transaction is called export, and a transaction through which goods or services are being
purchased into a country or region is called import.
In the global economy all kinds of commodities can be traded, from a small quantity of a pre-
cious metal such as gold to a supertanker full ...
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I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.