The lead singer of The Carpenters, the Grammy-winning band sheâd formed with her brother, died on this day, Feb. 4, in 1983, of heart failure related to her years-long struggle with anorexia. She was 32.
International trade is the exchange of capital, goods, and services across international borders or territories, which could involve the activities of the government and individual. In most countries, such trade represents a significant share of gross domestic product (GDP).nternational trade is also a branch of economics, which, together with international finance, forms the larger branch called international economics.
Trade between two traders is called bilateral trade, while trade between more than two traders is called multilateral trade. Trade exists due to specialization and the division of labor - a predominant form of economic activity in which individuals and groups concentrate on a small aspect of production, but use their output in trades for other products and needs.