Definition ∞ Multinational trade involves the exchange of goods, services, and capital across the borders of multiple sovereign nations. This economic activity connects global markets and facilitates the distribution of resources and products worldwide. It forms a central component of the global economy.
Context ∞ Blockchain technology and digital currencies offer substantial potential to enhance the efficiency and transparency of multinational trade. Distributed ledger systems can streamline cross-border payments, reduce settlement times, and lower transaction costs. This innovation could significantly improve the speed and security of global commerce, impacting international economic news.
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