International trade | Definition, History, Benefits, Theory, & Types ...
Nov 25, 2024 · 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. Learn more about international trade in this article.
Africa - Trade, Resources, Markets | Britannica
6 days ago · Internal trade. Intra-African trade records frequently understate the amount of trade—partly because of the lack of adequate statistics and partly because of the high rate of smuggling, which allows a substantial amount of traditional border trade to continue unrecorded.
North America - Trade, Resources, Markets | Britannica
1 day ago · North America - Trade, Resources, Markets: North American trade patterns offer noteworthy contrasts. Canada, with a small population but with immense resources and high productivity, has a low home consumption and depends on foreign trade more than any other developed country on the continent.
Common market | international trade | Britannica
In international trade: Forms of integration. A common market is an extension of the customs union concept, with the additional feature that it provides for the free movement of labour and capital among the members; an example was the Benelux common market until it was converted into an economic union in 1959.… Read More
Economic integration | Trade, Investment & Growth | Britannica …
economic integration, process in which two or more states in a broadly defined geographic area reduce a range of trade barriers to advance or protect a set of economic goals. The level of integration involved in an economic regionalist project can vary enormously from loose association to a sophisticated, deeply integrated, transnationalized ...
Thailand - Trade, Exports, Imports | Britannica
Dec 11, 2024 · Thailand - Trade, Exports, Imports: Thailand’s trade patterns have changed dramatically from the early 1980s, when more than two-thirds of export earnings came from agriculture and less than one-third from manufacturing.
South America - Trade, Resources, Markets | Britannica
Dec 5, 2024 · Internal trade. Intraregional trade in South America has increased since the 1980s, accounting for about one-fifth of total exports.
Japan - Trade, Manufacturing, Exports | Britannica
Dec 9, 2024 · Consistently high trade surpluses led to mounting pressure by Japan’s trading partners—notably the United States—for Japan to open its domestic market to foreign goods. Imports have grown steadily as Japan’s trade structure has become more open.
Italy - Trade, Manufacturing, Exports | Britannica
2 days ago · Italy - Trade, Manufacturing, Exports: Italy has a great trading tradition. Jutting out deeply into the Mediterranean Sea, the country occupies a position of strategic importance, enhancing its trading potential not only with eastern Europe but also with North Africa and the …
Japan - International Relations, Trade, Security | Britannica
4 days ago · A lively trade developed with Taiwan, where Japan made considerable contributions to the economy. Trade relationships with mainland China developed slowly in the absence of diplomatic ties. In 1953 an unofficial trade pact was signed between private Japanese groups and Chinese authorities.