The reasons for the increasing interest in foreign trade

There are many reasons for growing interest in foreign trade and we will mention some of them, the most important.........

The emergence of international institutions in the areas of money, finance, development and trade.The world enters the era of economic cooperation and trade between nations.

The trend towards economic globalization and international markets in the direction of liberalization of foreign trade.

The emergence of fundamental problems in the economies of developing countries at the international level, such as the deterioration of international exchange rates in developing countries is not valid and the persistent deficit in the balance of payments.

Lack of economic capacity of any country with varied geographical and natural characteristics and the degree of economic progress for achieving self-sufficiency to give up the advantages of foreign trade and the high level of economic well-being of the state.

Relative abundance of different elements of production and therefore different costs of domestic production of goods between countries with relatively the existence of the possibility of specialization of the diverse countries in the production of goods that countries feature relatively production and a surplus for export.

Different degree of importance of international trade between nations, according to the size of the state and the degree of economic progress and the availability of production elements have, or according to the state of the state from one time period to another.

A positive relationship between the volume of economic exchange outside of the state and degree of application of the policy of free trade on foreign economic transactions.