Question

International trade currently involves about ______________ worth of goods and services moving around the globe.

Answer 1

Answer:

$20 trillion

Explanation:

International trade can be regarded as exchange of capital as well as goods, and services between different international borders/ territories. This is so since there would always be a need or want for a particular goods or services. In most countries,gross domestic product are been represented. Types of international trade are;

1)Export Trade

2)Entrepot Trade.

3)Import Trade

It should be noted that International trade currently involves about $20 trillion worth of goods and services moving around the globe.