Global trade refers to the exchange of goods, services, and capital between countries on an international scale. It plays a crucial role in the global economy by allowing countries to specialize in producing certain goods or services and then trading them with other countries for products they do not produce themselves. Global trade also promotes economic growth, enhances competitiveness, fosters innovation, and enables consumers to access a wider variety of goods at lower prices. However, trade can also create challenges such as income inequality, environmental degradation, and geopolitical tensions. Researchers in the field of global trade study various aspects of international trade, including trade policies, tariffs, trade agreements, supply chains, and the impact of globalization on different industries and countries. They aim to better understand the dynamics of global trade and develop strategies to maximize its benefits while minimizing its negative consequences.