I'm going to go with "international commerce". But any mix of words where one half means "cross-border" and the other means "trade" could be used.
Buying from Another Country and bringing the goods inwards = import
Selling and sending out to another country = export
Trade between two or more countries is called international trade. It involves the exchange of goods, services, and capital across national borders, allowing countries to benefit from comparative advantages and access resources not available domestically. This trade can take various forms, including importation and exportation, and is facilitated by trade agreements and organizations.
When countries buy it is called imports. When countries sell it is called exports. Countries want to sell more than they buy, that is called a trade surplus. When countries buy more than they sell it is called a trade deficit.
International trade is trade between two or more countries, while external is a trade in another country.
Balance of trade deficit, or just trade deficit for short.
Say you live in Canada and the government is trading with other countries. It is a comparison between how much you trade to how much you sell. If you trade more then you sell then that's a trade deficit. You basically owe money.
Trade between two or more countries is called international trade. It involves the exchange of goods, services, and capital across national borders, allowing countries to benefit from comparative advantages and access resources not available domestically. This trade can take various forms, including importation and exportation, and is facilitated by trade agreements and organizations.
When countries buy it is called imports. When countries sell it is called exports. Countries want to sell more than they buy, that is called a trade surplus. When countries buy more than they sell it is called a trade deficit.
International trade is trade between two or more countries, while external is a trade in another country.
Balance of trade deficit, or just trade deficit for short.
A formal agreement between two or more countries concerning trade, peace, and other matters is called a treaty. Treaties are legally binding agreements that outline the rights and obligations of the parties involved. They can cover a wide range of issues, including trade regulations, military alliances, and environmental protections. The negotiation and ratification of treaties typically involve diplomatic processes and may require approval from the governments or legislatures of the participating countries.
A treaty is a formal agreement between the governments of two or more countries.
It is a bilateral agreement between two or more countries for mutual and exclusive benefits.
contact
It is a bilateral agreement between two or more countries for mutual and exclusive benefits.
A Summit meeting.
Trade has become more globalized with increased interconnectedness between countries due to advancements in technology and transportation. There has been a shift towards more services and digital trade, alongside traditional goods trade. Additionally, trade agreements and organizations have helped facilitate smoother trade relations between nations.
Say you live in Canada and the government is trading with other countries. It is a comparison between how much you trade to how much you sell. If you trade more then you sell then that's a trade deficit. You basically owe money.