International Business is a trade between the nations of the world. This is known as foreign trade. International or foreign trade means importing essential goods from other countries or exporting our goods to other countries. international trade is a transaction in which one country buys and sells goods with another. This type of trade and exchange of services takes place with two or more countries in the world. We can see that many nations of the world supply all kinds of things for our living facilities in one way or another. Similarly, our country also exports to these countries oilseeds, manganese, iron ore, jute. The process of exchanging goods by different countries is called international or foreign trade. International trade is caused by the division of geographical labor. International trade is an important instrument of economic growth in the world. It is also the mainstay of modernism. This type of business is nothing new. History shows that trade relations between the various nations have developed since ancient times. However, international trade growth has accelerated since the Industrial Revolution. Day by day its importance will rise. This is mainly due to the fact that many countries in the world are trying to accelerate economic development and that the national product of the developing countries is high. Recently, there has been a shift in the policies and the systematic actions of the countries in the development of the Naga world of international trade. Transport links to the international trade center are very helpful. This is why today the world is becoming increasingly narrow. Import and export traders are now able to access international transactions with the help of foreign exchange banks. International trade marks the beginning of the pursuit of the theory of labor-sharing in the world. Confidence, interdependence and goodwill between different countries can only be enhanced when each country utilizes the power of the natural tools available to it to meet the demands of other nations, forming an economic product and meeting the internal demands of goods. It also benefits the whole world by sharing the effort. It is for this reason that international trade is highly recognized today. This is why the need for international business is increasing day by day.

Yogita Parihar

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