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International trade in Europe

Posted: Sun Apr 20, 2025 4:51 am
by suchona.kani.z
These theories demonstrate that it is sufficient for there to be a comparative advantage in production, regardless of the absolute advantage, for world trade to be profitable.

According to this approach, international trade therefore allows for the improvement of the standard of living of each country and for an increase in world production.

The European Union is one of the most open economies towards foreign markets, as well as being the largest single market in the world.

One of the principles of the EU is precisely free trade between member states, and therefore international trade.

In addition, the EU also works with the WTO (World Trade Organization) to increasingly germany email list define global rules and eliminate obstacles to international trade.

Of course, each trade agreement between the EU and other interested countries is unique, has its own tariffs and must comply with its own rules, but if you are planning to enter into international trade and you are within the European Union, things may be simpler (or at least easier) than you might think.

Italy in international trade
Italy in international trade

According to the Foreign Trade Report , which measures the attractiveness of 144 world economies, Italian exports recorded a trend growth of 22.4% in the first 6 months of 2022 .

This growth affects almost all sectors: food and beverages, metals, chemicals, electrical appliances, etc.

Meanwhile, the countries to which Italian exports have recorded the greatest growth are, in order, Turkey, Belgium, the United States, Spain, Austria, Romania, the Netherlands, the United Kingdom and France. Only Russia has recorded a decline due to the conflict with Ukraine.

Given that international trade is profitable and that it continues to grow in Italy, why not launch into this business?

If that's the question you're asking yourself, here's how to do it.