“No one is born a great trader, one learns by trading. ” said by Tradingwalk Trade can be defined in economic concept as buying and selling products and services or the exchange of these products and services between parties. As trade can take place within an economy between producers and consumers. International trade allows countries to expand markets and enter new business lines. As a result of international trade, the market contains high level of competition and therefore, more competitive prices, which brings a cheaper products. Going international can provide many opportunities as by the help of internet and technology gaining profit for all size businesses become easier through trading.


Benefits of trading can starts by increasing revenue. You’ll be abel to  increase your list of customers and  especially by international trading customers from different countries will create new pathway to the growth of business which generates more revenue. According to The 2016 FedEx Trade Index, a national survey of 1,004 small business leaders conducted by Morning Consult, shows that businesses engaged in trading grows faster as it can hire more employees than businesses aren’t involved in global trading. As reports showed that revenue is increasing by 46%. Besides increasing revenues there is the ability to have more jobs. Another advantage is that there is an opportunity to specialize. Since international markets can open new lines of services and products and being connected to the other world will be able to have more innovation as you’ll be able to provide especial items for specific country.  Moreover, each country can have any kind of goods. If the country can’t provide a specific product due to the high cost, it can import it from other countries at a lower cost. Another advantage is a large scale production where goods produced aren’t for home consumption but also for exporting thus providing larger quantities helps in lowering the cost of production. So here better quality is produced at minimum costs which means here we have increase in efficiency. Continuing with benefits of trading, it helps in the development of countries. Undeveloped countries can import updated machines and equipment and start to use which helps in the development of economy. International trade allows countries to learn more about each others cultures and know their traditions. An example of the importance of international trading is when a country faces natural crises  which affected its production it can import all what it needs. 


Beside the advantages there are the disadvantages. One of the major disadvantages is the difference on cultural where each culture has its own way of communicating and living. A simple example is the word yes that has different meaning between cultures. In Western cultures means directly agreed however in Eastern cultures means that the person is understanding what you are saying but didn’t agree yet. In India people turn their head side to side to mean yes and shake their heads up and down to say no which it’s opposite in Western cultures. It requires companies to learn more languages and search more about each culture to be able to serve customers. However items are named differently in each county. As what’s important by international trading returning products is too much complex. Some customers will not be satisfied by products received thus a company needs to think about how these products will be returned and who will pay the cost of shipping. 


Going to the supermarket and finding Brazilian coffee or bottle of South African wine is kind of international trading. International trade support economy and help in developing many countries. It may take three types of trading. Export trading where products or services are sold to outside of the country. However, import trading is when products and services are entering to the country. And the third type is Entrepot which is a combination between export and import and in a clear way it is importing goods from one country and exporting it to another country. For example, India imports gold from China to make jewelry and then export it to another country. 

 In conclusion, international trading is needed when there is not much enough resources or capacities to meet domestic demand. As any other concept it has its advantages and disadvantages where it depends on how to make trading.