《国际贸易》英文名词解释International Trade(国际贸易 ) International trade is the international exchange of goods and services between countries
This type of trade gives rise to a world economy, in which prices, or supply and demand, affect and are affected by global events
Free Trade (自由贸易)The main idea of free trade is that supply and demand factors, operating on a global scale, will ensure that production happens efficiently
Therefore, nothing needs to protect or promote trade and growth because market forces will do so automatically
Protectionism(贸易保护主义)In contrast, protectionism holds that regulation of international trade is important to ensure that markets function properly
Advocates of this theory believe that market inefficiencies may hamper the benefits of international trade and they aim t