Global Trade

Definition ∞ Global Trade signifies the exchange of goods and services across international borders. This complex network involves various logistical, financial, and regulatory considerations to facilitate the movement of products and capital worldwide. It forms a foundational element of the international economic system.
Context ∞ The role of digital assets and blockchain technology in transforming global trade is a prominent topic. News often discusses the potential for these technologies to reduce transaction costs, improve supply chain transparency, and expedite cross-border payments. Emerging discussions also focus on the regulatory frameworks required to support the integration of digital assets into established trade finance practices.