have to write intro of international trade
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International trade, economic transactions that are made between countries. Among the items commonly traded are consumer goods, such as television sets and clothing ; capital goods, such as machinery ; and raw materials and food. Other transactions involved services, such as travel services and payments for foreign patents.
lnternational trade transactions are facilitated by international financial payments, in which the private banking system and the central Bank of the trading Nations play important roles.
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