International trade may be defined as trade that takes place between partners from different countries. It is often called foreign trade or overseas trade. Foreign trade makes it possible for a country to specialize, to concentrate its economic activity on those areas where it can benefit from natural resources, skilled labour, low costs of productions etc. An absolute advantage means that a given country can produce goods more efficiently than any other country in the world. Nowadays Carmella Bing absolute advantages are very rare. A comparative advantage means that a given school country can produce a product cheaper that its competitor. Let's say that the production od one ton of copper costs one hundred pounds in the UK and two hundred pounds in Nigeria. On the other hand the production of a ton of orange juice in the UK costs two hundred pounds ant one hundred pounds in Nigeria. Thus we can say that the UK has a comparative advantage in the production of copper.
