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Export
A good or service produced domestically and sold to buyers in another country, generating income for the exporting economy.
Global Trade Flow
The movement of goods, services, and financial payments between countries through imports, exports, and related money transfers.
Import
A good or service bought from another country and consumed or used domestically, creating spending that leaves the domestic economy.
Trade Agreement
A formal arrangement between countries that sets rules for trade, such as tariffs, quotas, standards, or market access.