Trading Between Countries
Definition
Trading between countries, also known as international trade, involves the exchange of goods and services across national borders.
Related terms
Import: Goods or services brought into a country from abroad for commercial purposes.
Export: Goods or services produced in one country and sold to buyers abroad.
Trade Balance: The difference between a country's imports and exports during a certain period.
"Trading Between Countries" appears in:
Study guides (1)
AP Human Geography - 7.2 Economic Sectors and Patterns
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About Us
About Fiveable
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CCPA Privacy Policy
Resources
Cram Mode
AP Score Calculators
Study Guides
Practice Quizzes
Glossary
Cram Events
Merch Shop
Crisis Text Line
Help Center
© 2024 Fiveable Inc. All rights reserved.
AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.