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Trade (Development (Country (Benefits (Financing essential imports of…

- - - - Financing essential imports of capital equipment, technology and energy supplies
      - Creates demand in the flow of income and spending
      - Assists in multiplying the profits of exports
      - Increased employment in export and related industries, leading to increased per capita incomes
      - Stronger Human Development Index scores
      - Increases income, economic activity and competition
      - Source of foreign currency for balancing payments
    - - Shifting global prices impacting internal, export and import prices
      - Political tensions and geo-political uncertainty causing unstable trade
      - Instability and structural unemployment due to international workforces
  - - - Intrinsic value
      - Commodities as currency
      - Goods
        
        Animals
        
        Spices
        
        Food
        
        Resources
        
        Slaves
    - - Facilitates wider and more consistent trade of goods and services
      - Types
        
        Cryptocurrency
        
        Bills and coins
        
        Gold
      - Always usable and reusable
- - - - Greater variety of goods available for consumptiont
      - Efficient allocation and better utilization of resources:
      - Promotes efficiency in production
      - More employment
      - Consumption at cheaper cost due to increased competition
      - Utilization of surplus produce
      - Fosters peace and goodwill
  - - - concerns accounts receivable and payable for contracts that are or soon will be in force.
    - - risk of not collecting an account receivable
    - - risk that third parties may make unauthorized use of the business's strategic information (studies, research, agreements and contracts, client list, trade secrets, etc.) or property that directly or indirectly affects the value of the business's products or services (patents, designs, trademarks, know-how, etc.)
    - - risks such as breakage, loss, theft, vandalism, accident, seizure and contamination of goods
    - - Unstable and varying costs
      - Chain reaction of economic crises when a single product drastically changes in cost