International trade refers to the exchange of goods and services carried out by various countries (or regions) in the world. It is the main form of inter-connection between countries (or regions) on the basis of international division of labor, reflecting the economic interdependence of countries (or regions) in the world, and is composed of the sum of foreign trade of countries.
From the perspective of a country, international Trade is called Foreign Trade.
Distinguish the definition of the concept of "foreign trade"
Some experts believe that from a certain point of view, foreign trade or international trade refers to the activities of goods, services and exchanges between countries in the world, and international trade is the manifestation of the division of labor between countries, reflecting the economic coexistence of countries in the world. From the point of view of the country can be called foreign trade; From the international point of view can be called international trade.
Another point of view: Foreign trade refers to the exchange of goods, technologies and services between a country (or region) and other countries (or regions). Therefore, it is important to identify specific countries when referring to foreign trade. Such as China's foreign trade; Some island countries, such as Britain and Japan, also call foreign trade overseas trade.