International trade

International Trade is a process of buying and selling goods and services between different countries. There are more risky trading abroad respect to trading at home: -language difficulties because the costumer and the supplier speak different languages and cultures. -exchange rates can make it difficult for exporter to “price” their that competitively in international markets. -legal system: national legal system can be very different -political or economic instability Governments can central international trade by mens of protections which of restrictions to trade: To protect industries; To safeguard employment; To raise revenues through tariffs; To remove a balance of payments deficit; To restrict dumping. The more methods of protectionism are: tariffs quotas subsidies embargo is usually used for political reasons. Duties are tariffs which an importing country imposes on certain foreign goods. When goods are imported, they are said tobe bought at duty-free price, for example at airport...