Respuesta :
International trade has increased dramatically in recent years, and it is estimated that by 2015 the trade across nations will exceed the trade within nations.
International trade occurs as a result of differences between countries natural resources availability as well as manufacturing production capacity. For example we know that China is highly specialized in manufacturing production and are able to manufacture products at a very competitive pricing with a huge production output, hence many countries would want to do international trade with China in order to obtain a more competitive pricing.
We can learn from the Ukraine - Russia conflict that global crisis has a negative impact on international trade. Russia being a major player in world oil production, and Ukraine being a major player in the global agricultural production such as grain; with competitive pricing for those resources; a disruption in the supply of Russian oil and Ukrainian grain cause a huge shortage and surge in the global price for those two commodities. In conclusion, international trade allows for a competitive pricing and access to more affordable foreign products which may otherwise be unavailable domestically.
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