Learning Objectives

In this chapter, you are expected to know more about:

·the definition of international trade and reasons for international trade;

·differences between domestic trade and international trade;

·trade protectionism;

·types of international trade. g/NwLeyx1xbAj/j/ecX9NXa4sTB6cKlo13MI88pqHg3P8khS4lwWrfJx1i8g/gcp