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large revenue opportunities are often found in foreign markets. it provides more opportunities to smaller firms than larger firms. international trade is protected against exchange risks. it reduces the need for insuring businesses against political risks.What are international trade regulations?
international trade regulation and the pressures on existing regulatory concepts and principles. Topics will include WTO, the protection of intellectual property, the promotion of international services transactions, and the stability of international currency markets.What does international trade consist of?
International trade consists of goods and services moving in two directions: 1. Imports – flowing into a country from abroad. 2. Exports – flowing out of a country and sold overseas. Visible trade refers to the buying and selling of goods – solid, tangible things – between countries. Invisible trade, on the other hand, refers to services.