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International trade involves the exchange of goods and services across different economic territories, driven by the need to satisfy material interests and acquire goods not produced locally. The document outlines the historical evolution of trade from ancient times to the present, highlighting key theories such as free trade and protectionism, as well as the establishment of institutions like GATT and WTO to regulate trade practices. The growth of global trade has been significant, with an emphasis on the

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ScribdTranslations
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