DISTINGUISH BETWEEN VARIOUS CONCEPT

RELATED TO INTERNATIONAL TRADE

cross -border transactions involving policy

products, i.e. exports and imports of
goods and services
Free trade Protection trade
a country can adopted by the
import and government to protect
export goods domestic industry or
and services market from foreign
competition by
without any deliberately placing
barriers to trade barriers to trade
 trade activities comprise three main categories:-
1. operations are represented by specific activities for which they constitute foreign trade
activities
2. basis of operating law is a syntagmatic contract-legal instrument
3. foreign direct investment is a strategic alternative to entering international markets

International trade from Islamic perspective

Prophet Muhammad (PBUH) himself was involved in international trade and he also
strengthened trade relations with other nations.
not only that, we can also spread the sharia more widely.
Islam strongly advises Islamic traders to abide by the established shariah principles when
conducting business.