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The Factors that Affecting International Trade

In: Proceedings of the 3rd International Conference on Economic Development and Business Culture (ICEDBC 2023)

Author

Listed:
  • Haorui Guo

    (Qingdao New Channel Training School)

Abstract

International trade refers to the exchange of goods and services among different countries. International trade is important because countries rely on other countries for the import of goods that can’t be readily found domestically. If a country specialises in the exports of goods, it may have more supply of certain raw materials than there is demand in its own markets. The purpose of this paper is to discover the factors that affect international trade. I will investigate from different angles and use a lot of real examples to prove it. After my study of related events, I found that the factors that will have impacts on international trade can be divided into human factors and natural ones.

Suggested Citation

  • Haorui Guo, 2024. "The Factors that Affecting International Trade," Advances in Economics, Business and Management Research, in: Shehnaz Tehseen & Mohd Naseem Niaz Ahmad & Rafia Afroz (ed.), Proceedings of the 3rd International Conference on Economic Development and Business Culture (ICEDBC 2023), pages 207-212, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6463-246-0_25
    DOI: 10.2991/978-94-6463-246-0_25
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