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. SnfowWW7Y58NqseaSDp2Kyrc2DXd76tOaa+l3bl9H2bBCRy1Te/YhObz+cmkZbwl