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Shyam Steel Industries Engineer Supply Chain Management Interview Questions and Answers
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- Q1. What is an international trade
- Ans.
International trade refers to the exchange of goods and services between countries.
Involves importing and exporting goods and services across borders
Facilitates economic growth and development
Influenced by factors such as tariffs, trade agreements, and currency exchange rates
Examples include the export of automobiles from Japan to the United States, or the import of coffee from Brazil to Europe
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