What is international trade?
What is international trade?

International trade is the buying and selling of goods and services between countries. Goods are physical products such as cars, oil and bananas, while services are activities such as banking, insurance and tourism.
Step-by-step lessons on OCR GCSE Economics 4.1.1 Why countries import and export. Each one builds up to exam-style questions. Build a solid grasp of supply and demand and cost/revenue calculations before tackling the evaluation-heavy policy topics.