What is international trade? when honduras exports bananas to switzerland, they can use the money they earn to import swiss chocolate — or to pay for kuwaiti oil or a vacation in hawaii. the basic idea of international trade and investment is simple: each country produces goods or services that can be either consumed at home or exported to other countries. the main difference between domestic trade and international trade is the use of foreign currencies to pay for the goods and services crossing international borders. although global trade is often added up in u.s. dollars, the trading itself involves various currencies. japanese videocassette recorders are paid for in euros in berlin, and german cars are paid for in u.s. dollars in boston. indian tea, brazilian coffee, and american films are sold around the world in currencies as diverse as turkish liras and mexican pesos. whenever a country imports or exports goods and services, there is a resulting flow of funds: money returns to the exporting nation, and money flows out of the importing nation. trade and investment is a two-way street, and with a minimum of trade barriers, international trade and investment usually makes everyone better off. in an interlinked global economy, consumers are given the oppor¬tunity to buy the best products at the best prices. by opening up mar¬kets, a government allows its citizens to produce and export those things they are best at and to import the rest, choosing from whatever the world has to offer. some trade barriers will always exist as long as any two countries have different sets of laws. however, when a country decides to protect its economy by erecting artificial trade barriers, the result is often dam¬aging to everyone, including those people who the barriers were meant to protect. ответьте на вопросы 1.does money return to the exporting nation? 2. what is the difference between trade and investment? 3. are consumers given the opportunity to buy the best products at the best prices? перевести предложение. however, when a country decides to protect its economy by erecting artificial trade barriers, the result is often dam¬aging to everyone, including those people who the barriers were meant to protect.

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erik0701

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