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International Trade Has Evolved in Such Ways That Not Only

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Essay

International trade has evolved in such ways that not only goods,but also services are traded across borders.The textbook mentions arrays of sophisticated services that can now be traded internationally.What are some of these services than can be traded nowadays internationally?


Definitions:

Salesmen

Salesmen are individuals who sell goods and services to customers, aiming to meet customers' needs while achieving sales targets.

Delivery Services

Companies or agents that transport goods from one location to another.

Late Packages

Late packages refer to parcels, mail, or cargo that are delivered after the expected delivery time.

Simpson's Paradox

A statistical phenomenon in which a trend appears in different groups of data but disappears or reverses when the groups are combined.

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