Critically discuss the growth of international trade, reason for it and the future of international trade.
International trade is the exchange of capital, goods and services across international borders or territories for a consideration in the form of money. In most countries, international trade represents a significant share of gross domestic product. There are three types of international trade and they include export trade, import trade and entrepôt trade. The sudden rise and emergence of international trade can be attributed to good communication and infrastructure together with internet that lead to online interactions where people can meet and negotiate beforehand.