What are the problems of international trade in Bangladesh?
What is the main problem of international trade?
The problems in international trade:
change in foreign currency exchange rates - the value of imported goods for the
buyer or the value of export goods for the seller may be increased or decreased due to changes in
exchange rates;
time and distance - the time factor is that it can take a very long time between
applying for a foreign supplier and receiving the goods;
differences in laws and regulations – the lack of knowledge and laws of the
country of the importer or exporter leads to uncertainty or distrust between the buyer and the
seller