International trade is needed so that all countries can avail themselves of the things that they need (and want), and that are not available in their own country. The most common example is oil, which is needed throughout the world, but it is limited to particular areas, and so is traded internationally.
World Industrial Reporter » Newsletters » June 2012 eNewsletter – What Is The Need of International Trade?
About Doug Lee
Doug has over 30 years tracking and reporting on new products and services introduced by industrial companies from around the world.