International Trade (goods and services)

Simplification, modernization and harmonization of export and import procedures

• Trade facilitation

• Customs control

• International Trade

The execute of laws and regulations that governments impose for international trade compliance

• Model or international trade

• Trade Facilitation

• Customs control

Classical theory of international trade is based on "The Wealth of Nations"

• ABSOLUTE ADVANTAGE MODEL.

• COMPARATIVE ADVANTAGE THEORY.

• HECKSHER-OHLIN THEORY

The ability to invest less time (hours) and resources for production, compared to another country.

• Competitive Advantage

• Absolute advantage

• Gravity model of trade

A model that, in its traditional form, predicts bilateral trade flows based on the economic sizes and distance between two units.

• Gravity Models of Trades

• Heckscher-Ohlin theory,

• Absolute Advantage

Theory thay implements which countries in which capital is relatively plentiful and labour relatively scarce will tend to export capital-intensive products and import labor-intensive product

• Trade facilitation

• Gravity Models of Trades

• Heckscher-Ohlin theory

International trade creates opportunities, but if you do not have the necessary knowledge, skills and experience, you won't be able to take advantage of those opportunities

• TRUE

• FALSE

Is an advantage of the international trade

• creation of employment sources

• economic and social poor being

• conectivity, comunication and sharing

• All of above

International Trade incorporates global product transactions

• FALSE

• TRUE

Exchange of goods or services between countries

• CUSTOMS

• INTERNATIONAL TRADE

• COMMERCIALIZATION