A negative of global trade is that it is creating a very high competitive market and thus it's difficult for domestic industries to cope up with their international rivals.
Whenever we walk in to a super-store, then we can see products from different countries available there like Brazilian coffee and chocolates, South African wine, etc. This is because of the international or global trade.
When goods and services are purchased and sold by companies in different countries, then this type of trade is called as International or Global trade. Goods like consumer goods, raw materials, food items, machinery and so on are both purchased and sold in the market internationally.
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