Foreign Trade is the voluntary exchange of goods, services or both. It exists for man due to specialisation and division of labour, most people concentrate on a small aspect of production, trading for other products. Trade exists between regions because different regions have a comparative advantages in the production of some tradable commodity.
The present book deals with fundamental aspects of foreign trade management, such as theory of foreign trade management, economic integration of foreign trade management, economic development of foreign trade management, international trade and WTO. |
