Foreign Trade (International) | Week 4

Performance Objectives

• The meaning of foreign trade 
• Types of foreign trade/Branches of foreign trade
• Advantages and disadvantages of foreign trade
• Barriers to foreign trade
• Differences between export, import, and entrepot
• Differences between the balance of trade and balance of paymentThe balance of payments (BoP) is a record of all economic transactions between a country and the rest of the world over a period of time. It's a tool used to... More