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Q: The exchange of goods and services between countries is known as?
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What term indicated the exchange of goods and services between countries?

The exchange of goods and services between countries is called international trade.


What indicates the exchange of goods and services between countries?

International trade is the exchange of goods and services between countries. Other terms that indicate this are foreign trade and world trade.


The exchange of goods and services between countries is?

International trade


What is international trade?

International trade is the exchange of goods and services between different countries.


How does trade link countries?

International trade is the exchange of goods and services between countries. Trade happens because no country has everything it needs. Countries buy things that they do not have, or things that are cheaper, from other countries.


What are the difference between trade and business?

trade is the exchange of goods or services business is a transaction where goods and services are exchanged so they are the same


What does currency exchange facilitate?

In the same way that money facilitates exchange in a single economy, exchange of currencies facilitates the exchange of goods and services across the boundaries of countries.


Is barter the exchange of goods and services for other goods and services?

yes


What is the exchange of goods and services among people and countries called?

international trade.to barterInternational tradeInternational trade


Why was fairtrade made?

to exchange goods,culture and tradition between states and countries.


What is the difference between international trade and international finance?

international trade :exchange or business of goods and services across the bordersinternational finance :dependence on foreign countries to fund some activities or support economy


What economic system is characterized by the unregulated exchange of goods and services.?

Free Market is characterized by the unregulated exchange of goods and services.