International Trade Chapter 1 Introduction to International trade 1.1 The definition of international trade International trade can be defined as the exchange of goods and services produced in one country(or district) with those produced in another country(or district)International Trade Chapter 1 Introduction to International Trade 1.1 The definition of international trade International trade can be defined as the exchange of goods and services produced in one country (or district) with those produced in another country(or district)