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Tuesday, November 29, 2011

The concept of foreign trade

The foreign trade is one of the branches of the economywhere the specialized study of international economic transactions, represented in the movements of goods andservices and capital between the States as well as trade policies applied by the countries of the world to influence themovements of goods and services and capital between different countries.

Noticeable
There are very great importance of foreign trade arisewhere the importance of the world in access to goods and services from other countries is attributable to the followingreasons 0000
The inability of any country in the world regardless of theeconomic power that is working on the production of all goods and services you need locally, due to lack of raw materials or their conditions and factors suitable for the production of locally

Different costs of producing the same commodity in the world where the ability of some countries to produce a particular good internal costs less than imported from other countries

Noticeable
Through what is already there, a very useful phrase that each country should specialize in the production of goodsand services produced at a lower cost than other countries in the world

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