https://padlet.com/omotoyeferanmi/50169mq856q7 Made with a little mischief en-us 2018-01-09 00:49:15 UTC 2023-02-09 08:17:09 UTC hello@padlet.com omotoyeferanmi https://padlet.com/omotoyeferanmi/50169mq856q7/wish/219615857 International trade can be defined as the exchange of goods, and services across international borders or territories. In most countries, such trade represents a significant share of gross domestic product.
at the end of this topic I hope to highlight the benefits of international trade .  ]]> 2018-01-09 06:30:00 UTC https://padlet.com/omotoyeferanmi/50169mq856q7/wish/219615857 omotoyeferanmi https://padlet.com/omotoyeferanmi/50169mq856q7/wish/220403232 2018-01-10 21:36:34 UTC https://padlet.com/omotoyeferanmi/50169mq856q7/wish/220403232 omotoyeferanmi https://padlet.com/omotoyeferanmi/50169mq856q7/wish/220423997 - this link above breaks down international trade for someone who has never heard of it before , it simply defines international trade as the exchange of good and services between countries ,which can help the country and can also cause change. the page also highlights the opportunity cost in producing goods as in the example given it shows that two countries can both save each other some times if they use their labour forces efficiently and just trade resources.


]]> 2018-01-11 00:02:46 UTC https://padlet.com/omotoyeferanmi/50169mq856q7/wish/220423997 omotoyeferanmi https://padlet.com/omotoyeferanmi/50169mq856q7/wish/220424959 - the answer to the question above lies in the link above as it breaks it down down to the advantages , division of labour and specialization as countries need to trade as all resources are not shared equally, and theres a need to balance it out as thats the only way development can actually occur . the page also highlights the point that many countries are needed in the production of certain goods, as some or many resources are scarce but with trade many goods can be made possible , ]]> 2018-01-11 00:13:12 UTC https://padlet.com/omotoyeferanmi/50169mq856q7/wish/220424959 omotoyeferanmi https://padlet.com/omotoyeferanmi/50169mq856q7/wish/220428354 Containers , these are used to ship goods from port to port , this container highlight the movement of goods as shipping plays a very big role in trade as it is the means by which goods get delivered. containers can either be moved through air or sea , sea is the most preferred option as it can carry more load , at a lesser risk.]]> 2018-01-11 00:46:03 UTC https://padlet.com/omotoyeferanmi/50169mq856q7/wish/220428354 omotoyeferanmi https://padlet.com/omotoyeferanmi/50169mq856q7/wish/220430229 This image symbolizes the partnership between corporate organizations worldwide, which come together to do business and trade services , all for developmental purposes of both nations. 
Partnership invites bigger corporations to play roles in small communities as the partnership should be beneficial to the development of certain places in that community . ]]> 2018-01-11 01:05:39 UTC https://padlet.com/omotoyeferanmi/50169mq856q7/wish/220430229 omotoyeferanmi https://padlet.com/omotoyeferanmi/50169mq856q7/wish/220441965 This image just highlights the good and services being moved from one place to the other . its a process that happens daily , trade never sleeps.]]> 2018-01-11 02:55:01 UTC https://padlet.com/omotoyeferanmi/50169mq856q7/wish/220441965 omotoyeferanmi https://padlet.com/omotoyeferanmi/50169mq856q7/wish/220443223 This video explains international trade very easily , as I focuses on its core definition and the exchange of goods and services between countries , countries could trade to balance out losses or for currency ]]> 2018-01-11 03:07:07 UTC https://padlet.com/omotoyeferanmi/50169mq856q7/wish/220443223 omotoyeferanmi https://padlet.com/omotoyeferanmi/50169mq856q7/wish/220444152 This video shows how the taught of exchange comes to mind , as the bearer of the minerals needs a new device , he then trades what he has which is at a higher value for cash profit , he can now afford to buy the item due to trade and demand of his mineral resources. ]]> 2018-01-11 03:17:17 UTC https://padlet.com/omotoyeferanmi/50169mq856q7/wish/220444152 omotoyeferanmi https://padlet.com/omotoyeferanmi/50169mq856q7/wish/220445156 This is basically international trade for dummies as it breaks down every point to the barest minimum , its basically explaining trade to the laziest person , enjoy the video .]]> 2018-01-11 03:28:08 UTC https://padlet.com/omotoyeferanmi/50169mq856q7/wish/220445156