International trade is the exchange of capital, goods, and services across international borders or territories because there is a need or demand for goods or services.
The ancient Silk Road trade routes across Eurasia
Ports play an important role in facilitating international trade. The Port of New York and New Jersey grew from the original harbor at the convergence of the Hudson River and the East River at the Upper New York Bay.
In economics, capital goods or capital are "those durable produced goods that are in turn used as productive inputs for further production" of goods and services. A typical example is the machinery us
International trade
…International trade is the exchange of capital, goods, and services across international borders or territories because there is a need or demand for goods or services. In most countries, such trade…
A factory and its equipment are examples of capital goods.