When different countries trade commodities and money with one another we are referring to?


Question: When different countries trade commodities and money with one another we are referring to?

When different countries trade commodities and money with one another, we are referring to international trade. International trade is the exchange of goods and services across national borders. It allows countries to specialize in what they produce best and to access a wider variety of products and services. International trade also affects the prices, incomes, employment, and economic growth of countries.

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