Principles of International Trade
The principles of international trade serve as the backbone of global commerce, dictating how goods and services move across borders. By understanding these principles, businesses and countries can navigate the complexities of international markets more effectively. From trade agreements to tariffs and beyond, these principles influence everything from economic policies to the strategies of multinational corporations. This introduction sets the stage for a deep dive into the mechanisms that facilitate and regulate global trade, highlighting their significance in today’s interconnected economy.