foreign trade

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foreign trade
commerce with other countries


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International trade
International trade is the exchange of goods and services across international boundaries or territories. In most countries, it represents a significant share of GDP. While international trade has been present throughout much of history (see Silk RoadAmber Road), its economic, social, and political importance has been on the rise in recent centuries. Industrialization, advanced transportationglobalizationmultinational corporations, and outsourcing are all having a major impact. Increasing international trade is basic to globalization".
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BTS Transportation Expressions DictionaryDownload this dictionary
Foreign Trade
The exchange of waterborne commodity movements (imports and exports) between the United States and its territory, and foreign countries. (MARAD1)

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