Describe Global trade ?

Global trade refers to the exchange of goods and services between countries across international borders. It involves the buying and selling of products and services between nations, allowing countries to access a wider range of goods and services that may not be available domestically. Global trade is facilitated by international agreements, trade organizations, and financial institutions, and plays a crucial role in the global economy by promoting economic growth, creating jobs, and fostering innovation and competition. It also helps to improve living standards and reduce poverty by providing access to a wider variety of goods and services at competitive prices.