For a business-minded individual, a career as an International Trade Specialist could be a rewarding and profitable employment path. International Trade Specialists can find employment with government agencies, banks, foreign investment firms, and consulting firms where they are a vital part of the team in developing and expanding business opportunities around the world.
Job ResponsibilitiesInternational Trade Specialists perform a variety of vital functions within the business community. People in these positions provide assistance to businesses involved in the export of goods and services to foreign countries. They may perform international market research and design strategies to overcome competition with other markets. International Trade Specialists will also be required to both analyze and interpret international trade issues and help develop policies that will make international trade more effective.
International Trade Specialists are also responsible for creating networking opportunities, including alliances and partnerships. It is also crucial for this employee to be up to date on the latest market trends to keep clients and businesses informed when making investments in Another Country. The International Trade Specialist should also be able to forecast and make future projections for businesses regarding investment and international trade opportunities in other countries.
EducationInternational Trade Specialists generally have at least a Bachelors degree from an accredited university, but a graduate degree would make them more attractive to prospective employers. Students hoping for a career as an International Trade Specialist should choose a major like business administration, political science, marketing, international business, or economics to prepare themselves for this career field. Other areas of study that they will have to learn to do their jobs effectively include public policy, international trade, international affairs, and intercultural relations.
SalaryThe median salary that a typical International Trade Specialist in the United States can expect is $78,638 annually. Pay can be affected by employer size and years of experience, but the 25 percentile generally make $61,000 a year, while the 75th percentile makes over $95,000 annually. This is with some experience, so starting salaries can be expected to be somewhat lower.
Many of these specialists make close to $65,000 per year. The amount will vary depending upon the experience and education.
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The international trade is at peak right now. It is a sentence to show the status of trade in international market.
How specialization affects international trade?
For college graduates who want a rewarding and profitable career where they can put their business skills to proper use and help the companies they work for to increase revenue, a career as a trade specialist can be a highly desirable employment opportunity. Trade specialists can focus either on domestic or international trade, depending on which market they have the most interest. Before pursuing a career as a trade specialist, prospective employees should be informed about the possible job responsibilities, educational requirements, and possible salary potential.Job ResponsibilitiesAs a trade specialist, an employee will be responsible for classifying products for both import and export according to international and government regulations. They measure and monitor performance of compliance programs and develop policies and standard operating procedures to guarantee compliance with export and import laws.To be qualified for a job as a trade specialist, prospective employees need to have a wide variety of experiences. They must have experience with investment analysis, sales promotion, and advertising, as well as experience with promotional work with trade associations or Chambers of Commerce. Additionally, they should have a thorough knowledge of business practices relating to retail, distribution, and wholesale costs, as well as tax and finance structure. Trade specialists should also have knowledge of consumption patterns and the social, psychological, and economic factors that influence them.EducationTrade specialists generally have at least a bachelor’s degree in a business discipline. Other areas of study may include public administration, finance, political science, marketing, history, economics, or public relations. Trade specialists that want to focus on international trade may also want to study global policy, international trade, international affairs, and intercultural relations to gain a better understanding of how business operations work on a global scale.SalaryDomestic trade specialists in the United States can expect to make anywhere between $35,000 and $50,000 annually on average. International trade specialists often receive a higher salary, and the median salary that a typical International Trade Specialist in the United States can expect is $78,638 annually. This can be broken down further to show that the 25th percentile generally makes $61,000 a year, while the 75th percentile makes over $95,000 annually.
International Trade slowed as a result of the
The International Trade Commission was organized in 1916.
International Trade Mart was created in 1945.
International Trade Administration was created in 1980.
International Trade Centre was created in 1964.
International Trade Today was created in 1937.
International Trade slowed as a result of the