Question

What is international trade? What do you mean by balance of trade? What is the importance of trade? 0?

Answer 1

ါ်ြတငန၂သင၄ တနင့ဆသန ်သတင၂ ၂စ်၃က ိကဆုြိ ၁သ၄၇့နသန ျနု ဆသါါတ

Answer 2

Answer:

International trade is the exchange of capital, goods, and services across international borders or territories because there is a need or want of goods or services. In most countries, such trade represents a significant share of gross domestic product.

Balance of trade (BOT) is the difference between the value of a country's exports and the value of a country's imports for a given period.  The balance of trade is also referred to as the trade balance, the international trade balance, commercial balance, or the net exports.

Trade is critical to America's prosperity - fueling economic growth, supporting good jobs at home, raising living standards and helping Americans provide for their families with affordable goods and services.

Explanation:

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