International Trade and Industry

International Trade and Industry refers to the exchange of goods and services between countries and the production activities that support this exchange. It involves importing and exporting products, which can enhance economic growth, provide consumers with diverse options, and create jobs. Trade agreements and regulations govern these activities to promote fair competition and protect local industries. The industrial aspect focuses on manufacturing and production processes, ensuring that countries can efficiently produce goods to meet both domestic and global demands. Together, they play a crucial role in shaping economies and fostering international relationships.