International economics is a field of study that assesses the implications of international trade, international investment, and international borrowing and lending.
There are two broad subfields within the discipline: international trade and
international finance.
International trade is a field in economics that applies microeconomic models to help understand the international economy.
Its content includes basic supply-and demand analysis of international markets; firm and consumer behavior; perfectly competitive, oligopolistic, and monopolistic market structures; and the effects of market distortions.
The typical course describes economic relationships among consumers, firms, factory owners, and the government.
The objective of an international trade is to understand the effects of international trade on individuals and businesses and the effects of changes in trade policies and other economic conditions.
Our civilization has been built upon the exchange of goods between countries.
The lives of millions of people in all parts of the world depend on the exchange of
goods.
Commerce and communication have brought the countries of the world closer together so as much so that we find different parts of the earth make contributions to supply the wants of man and that, more and more, as civilization continues on its march, no single country produces everything that its people need.
Thus, no country is denied the benefits of progress. All these are made possible through the existence of
trade.
YOU ARE READING
International Trade/Global Finance
Fiction HistoriqueIn this book you will learn; What is International Trade? The importance of trade. The origins of trade. This book is not mine for study purposes only. If you have questions feel free to contact me.
