Question

classify the trade taking place between following first China and Canada

Answer 1

Bilateral International Trade

1.As the name implies, international trade refers to the trade between two or more countries.

2. Although international trade can be a contentious issue in both a national and international context, both within countries and between governments.

3. Within the borders of a given country, internal trade involves the exchange of goods. Trade internationally involves the purchase and sale of goods outside the geographical borders of one country.