Global trade, also known as international trade, involves the exchange of goods and services across international boundaries. It has existed for thousands of years, with early trade routes established by Assyrian merchants in the 19th century BC. Trade is important because it provides access to a variety of worldwide products, reduces risks from domestic economic and weather fluctuations, and increases quality through competition. Individuals and companies benefit from trade through market expansion, increased sales and profits, and reduced costs by importing cheaper raw materials. How trade works involves manufacturers producing goods that are exported, shipped internationally, and sold abroad to buyers in other countries. Jobs in international trade include roles in market research, regulations, consulting, shipping, customs, and international sales.

1. Global Trade

2. Agenda
What is global trade?What is global trade?
Why is trade important?Why is trade important?
Why should I trade?Why should I trade?
How trade worksHow trade works
Jobs in international tradeJobs in international trade

3. What is global trade?
Global trade, also known as international trade, isGlobal trade, also known as international trade, is
simply the exchange of goods and services acrosssimply the exchange of goods and services across
international boundaries.international boundaries.
Import Export

4. When did it begin?
Records from the 19th century BCRecords from the 19th century BC
attest to the existence of anattest to the existence of an
Assyrian merchant colony atAssyrian merchant colony at
Kanesh in Cappadocia.Kanesh in Cappadocia.
The domestication of camelsThe domestication of camels
allowed Arabian nomads to controlallowed Arabian nomads to control
long distance trade in spices andlong distance trade in spices and

5. Why is trade important?
Availability of products worldwide (competitive advantage)Availability of products worldwide (competitive advantage)
Reduce vulnerability and dependence on the domesticReduce vulnerability and dependence on the domestic
market (economy, seasonal fluctuations, weather, etc.)market (economy, seasonal fluctuations, weather, etc.)
Increase in product quality because of competition andIncrease in product quality because of competition and
higher quality standards required in other countrieshigher quality standards required in other countries
Fair trade raises working conditionsFair trade raises working conditions
Contributes to the economyContributes to the economy

6. competitive advantage

7. contributes to the economy

8. Why should I trade?
Enhance sales and profits through market expansion.Enhance sales and profits through market expansion.
• Exporting is profitable. In fact, 60% of small companiesExporting is profitable. In fact, 60% of small companies
that engage in exporting derive 20% of their annualthat engage in exporting derive 20% of their annual
earnings from exports.earnings from exports.
Reduce cost of products by importing less expensiveReduce cost of products by importing less expensive
raw materials and through foreign manufacturing.raw materials and through foreign manufacturing.
Learn new ideas and management techniques.Learn new ideas and management techniques.

9. Your store in the U.S.A. selling locally and/or nationally

10. 320,760,000 people
Potential customers when selling locally and/or nationally

11. 7,200,000,000 people
Potential customers when selling internationally

13. How trade works
Raw materials
Manufacture
Your product
Market research,
regulations, consulting,
etc. Buyers
Prepare
packaging
Customs
Shipping
Product
sold abroad
Export/import

14. Jobs in international trade

15. Something to think about…
““Nations that trade don’t go toNations that trade don’t go to
war with each other”war with each other”
-Guy Tozzoli, WTCA-Guy Tozzoli, WTCA

16. Lynn R. HíjarLynn R. Híjar
iBiz247 International Business CenteriBiz247 International Business Center
www.iBiz247.comwww.iBiz247.com
Happy trading!