International trade and its role in economic sustainability | ||||
| المجلة القانونية | ||||
| Volume 20, Issue 4, May 2024, Page 1571-1580 PDF (313.5 K) | ||||
| Document Type: المقالة الأصلية | ||||
| DOI: 10.21608/jlaw.2024.278792.1096 | ||||
 View on SCiNiTO | ||||
| Author | ||||
Bassem Mohamed Saad Mustafa 
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| Master degree in law from the faculty of law, Ain Shams University, Egypt, and a Master of Business Administration from the department of Economics, Anhalt University of Applied Sciences, Germany | ||||
| Abstract | ||||
| The term trade is used to refer to the business through which goods and services are bought and sold. Trade is considered one of the branches of business. Trade may take place within a narrow scope within the local market, or outside the borders of the country. One of the parties to the trade may be people, companies, or countries. It specializes in: Trade is the process of distributing produced goods, and the term trade includes systems that are applied locally and internationally, including: legal, political, social, economic, cultural, and technological systems. The concept of trade includes all financial operations from buying and selling a specific product, and the product is often traded on an international scale between in different countries, trade in terms of transporting goods from one place to another is affected by some advantages that ensure its continuity and expansion, such as: geographical, technological, and economic advantages. Some peoples were distinguished from others by trade because of these advantages, such as the Egyptians, the Sumerians, the inhabitants of Mesopotamia, and the Arabs. And others. Trade is closely linked to civilization. Trade appeared with the urbanization of man and the expansion of his needs and not being limited to food, drink, and housing. Trade is considered one of the many means that people have used to meet their various needs, as the country cannot provide all of its needs from the local internal market, so it needs to the exchange of goods between it and other countries. | ||||
| Keywords | ||||
| International trade; economic sustainability; International trade role; The nature of international trade | ||||
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