Definition
International trade
International trade is the buying and selling of goods or services between countries, often made easier by free trade agreements and global trade rules.
International trade is the exchange of goods or services between countries. Free trade agreements facilitate international trade by reducing trade barriers that exist between two or more countries, usually by reducing tariffs (customs charges on goods crossing borders).
The World Trade Organization (WTO) works to make international trade easier by creating global rules and standards that are then adopted by its member countries.