Strategies to help: global trade

Global trade is the exchange of goods and services between nations around the world. It helps to create a more efficient global economy that can benefit everyone involved. By lowering tariffs, removing regulations, and providing open access to foreign markets, global trade has proven to be an effective way of reducing poverty and inequality in many countries. By allowing countries to access new markets and resources, increases in production and exports can be realized, resulting in increased opportunities to earn income and improve living standards. In addition, global trade can also help create jobs in an economy and bolster access to affordable goods and services.