Reference no: EM132865263

International trade is the exchange of capital, goods, and services across international borders or territories. Trading-partners reap mutual gains when each nation specializes in goods for which it holds a comparative advantage and then engages in trade for other products. In other words, each nation should produce goods for which its domestic opportunity costs are lower than the domestic opportunity costs of other nations and exchange those goods for products that have higher domestic opportunity costs compared to other nations.

-Give an example of a flow of goods or services from one country to another that makes international trade feasible and possible. and give a brief explanation and discussion about your chosen product or service.