Exchange of goods, services, stock, capital, etc. across borders is known as international trade. Globalization and free flow of trade has helped the countries across the globe to participate in trade practices and develop their economies. The policies and theories related to the subject of international trade lay down various laws and rules which are followed by all the countries which engage in such practices. This book presents a detailed explanation of the various concepts and applications of international trade and how it helps the world economy. The topics covered in this extensive book deal with the core aspects of the subject. The textbook aims to serve as a resource guide for students and experts alike and contribute to the growth of the discipline.