International trade refers to the exchange of goods and services between countries, fostering economic growth and global interdependence. It allows nations to specialize in producing what they do best, leading to increased efficiency and diverse product availability. Trade creates job opportunities, stimulates innovation, and often results in lower prices for consumers. Various factors influence international trade, including tariffs, trade agreements, and currency exchange rates. The World Trade Organization (WTO) plays a crucial role in regulating global trade by promoting fair competition and resolving disputes. Overall, international trade promotes economic cooperation, cultural exchange, and a more interconnected world, shaping the global economy. How to Start Export Import Business - Exim Vlog