What is another word for foreign trade?
Pronunciation: [fˈɒɹən tɹˈe͡ɪd] (IPA) 
Foreign trade refers to the exchange of goods, services, and capital between two or more countries. Some synonyms for foreign trade include international trade, cross-border trade, global trade, and import-export. Companies engaged in foreign trade must navigate a variety of challenges, including language barriers, different legal and regulatory frameworks, and customs duties. However, the benefits of foreign trade can be significant, including increased access to new markets, greater efficiency through specialization and economies of scale, and access to cheaper goods and services. By understanding the various synonyms for foreign trade, businesses can navigate the complexities of international commerce and take advantage of the opportunities available in global markets.
