global commerce

Global commerce refers to the exchange of goods, services, and capital across international borders. It involves countries buying and selling products and services to meet demand, access resources, and expand markets. This interconnected system relies on international trade agreements, transportation, and technology to facilitate transactions efficiently. Global commerce drives economic growth, creates jobs, and fosters cultural exchange, but also requires managing differences in laws, currencies, and regulations. Overall, it connects economies worldwide, enabling consumers and businesses to access a broader range of products and opportunities.