1 Introduction_to_International_Trade.pptx

Salient Features of International Trade

1. Introduction to International Trade Comprehensive Overview Your Name Date

2. Definition of International Trade International trade refers to the exchange of goods, services, and capital between countries or territories. It allows countries to expand their markets and access goods and services that otherwise may not have been available domestically.

3. Importance of International Trade 1. Economic Growth 2. Access to Resources 3. Technological Advancement 4. Employment Opportunities 5. Consumer Benefits

4. Nature of International Trade 1. Interdependence among Nations 2. Diversity of Products 3. Exchange of Currencies 4. Trade Policies and Agreements 5. Competitive Markets

5. Scope of International Trade 1. Trade in Goods 2. Trade in Services 3. Foreign Investments 4. Technology Transfer 5. Movement of Labor

6. Historical Background of International Trade 1. Ancient Trade Routes 2. Medieval Trade 3. Colonial Trade 4. Industrial Revolution and Trade 5. Modern Trade Era

7. Factors Influencing International Trade 1. Comparative Advantage 2. Exchange Rates 3. Trade Policies 4. Technological Advancements 5. Economic Conditions

8. Benefits of International Trade 1. Economic Growth 2. Higher Standard of Living 3. Efficient Resource Allocation 4. Market Diversification 5. Access to Foreign Capital and Technology

9. Challenges in International Trade 1. Trade Barriers 2. Political Instability 3. Currency Fluctuations 4. Compliance with International Standards 5. Environmental and Social Concerns

10. Role of International Trade in Economic Development 1. Income Generation 2. Employment Creation 3. Infrastructure Development 4. Technology Transfer 5. Regional Development

11. International Trade and Globalization 1. Integration of Economies 2. Global Supply Chains 3. Cultural Exchange 4. Impact on Local Markets 5. Policy Coordination

12. International Trade Policies 1. Free Trade Policy 2. Protectionist Policy 3. Tariffs and Quotas 4. Trade Agreements 5. Export-Import Regulations

13. Key Players in International Trade 1. Multinational Corporations 2. Government Agencies 3. International Organizations (WTO, IMF, World Bank) 4. Trade Associations 5. Exporters and Importers

14. Case Studies of International Trade 1. NAFTA (North American Free Trade Agreement) 2. China's Belt and Road Initiative 3. EU Single Market 4. US-China Trade Relations 5. Brexit and Its Impact on Trade

15. Summary and Conclusion 1. Recap of Key Points 2. Importance of Understanding International Trade 3. Future Trends in International Trade 4. Role of Policymakers and Businesses 5. Encouragement for Further Study

16. Questions and Discussion Open Floor for Questions