AInternational trade is an opportunity for workers when they get a chance to work abroad in order to earn in foreign currency which could provide them many facilities they may require.And international trade is a treat to workers when there is an increase in the export, where they need to work extra for which they r earning more by working extra, getting foreign exchange for their nation's reserves and globally a recognition.And challanges could be, you need to be produtive, input shud be less and output shud be higher. quality wise product shud be acceptable and do not ignore ure international competitors so maintain the packaging,intermediaries,channels,agents,contacts,quality,promisory notes etc...

AWhy don't you study Detroit to learn the value and wonders of international trade?The problem with the comparative advantage model is that it ignores the cost of learning and strategic trade policies. Why trade internationally anyway? For a country as big as the US, where it only gets 15% in imports, couldn't it make everything it needed? International trade just wiped out all our retail manufacturing in the last 15 years and turned us from the worlds largest creditor nation to the worlds largest debtor nation. And trading with countries that by and large don't even practice free trade. But I digress.

AIf international trade is down due to global recession and the US economy is in a big recession due to external (and internal) factors than obviously people will have less money to spend and purchasing a home will not be top on their list. Surviving till things improve would be their top priority.

AInternational trade agreement help a country's global competitveness in following ways. 1. Increased market share2. Opportunity for establishing brand recognition 3. One can achive economies of scale etc.

Areplicate ricardo's comparative advantage story: http://en.wikipedia.org/wiki/Comparative_advantage#Examplessplit your class into two countries, give each a PPF, let them pick a point on it,. then demonstrate how they can above that point with trade.

AI have been involved with international trade for over 16 years and study world economics as a hobby so please allow me to share some insight:The U.S. dollar, still the benchmark for world currency, has been declining in value the past several years. A detriment to U.S. consumers and U.S. companies that import products, the weakening dollar benefits some players in the global marketplace. Current economic factors that may be signaling recessionary conditions in the U.S. economy and could undermine confidence of U.S. dollar-based assets include the downturn in housing, turbulence in the equity markets and job woes. Additional interest rate cuts by the U.S. Federal Reserve could further erode the return of investors as lower interest rates may produce additional inflationary pressures, lowering the dollar’s value. Also, continued budget and trade deficits tend to weaken the U.S. dollar.The weak dollar is encouraging foreign manufacturers to set up factories in the U.S., bringing jobs and other economic benefits.The U.S. has the biggest impact on the global economy and its monetary unit value, and fluctuation has the greatest effect relative to other currencies. The value affects company profits, budgeting and manufacturing costs. It has ramifications on capital investment, plant openings and closings. For example, some companies that have outsourced customer service and call centers to India have returned these centers to the U.S., since the weak dollar has eroded the cost benefits of operating overseas. As you can see, International trade is detrimental to our domestic economy as it decreases the power of the dollar which in turn affects your ability to afford things at reasonable prices. When factoring all this in to your dream of owning a home, Im sure you can see that asset purchases like a home can become out of reach for many. The solution is for Americans to start consuming less and producing or rather innovating more. Instead of spending $500 billion on developing an apocalyptic defense systems, money should be spend on providing access to education so we can 'create' value that others will have to depend on for sustenance thus creating jobs, strong industry, and a strong dollar. Im sure you've been told what your grandfathers quarter could buy at the time...something to think about.Good luck on your paper!

AINTERNATIONAL TRADE is defined as "the exchange of goods and services across the external boundaries or territories ".without International trade the nations can exchange only goods and services produced within these nations.international trade means the continuace of globalization.

ADo you want to work for the government or for a private employer or even to run your own business. Decide on that criteria./

AGlobalisation has seen industralisation and increased capitalism. To compete globally requires competitive practices which has resulted in free trade and the lifting of all trade protection, hence deregulation. I would say this is about the forces of globalisation because this is currently what is influencing all economic policital and and social forces.

AThe link below should help. Good luck with your homework!