"International trade" is a term that refers to the exchange of goods, services, and capital across borders. There are many synonyms for this phrase, including "global trade," "cross-border trade," and "transnational commerce." Other phrases that can be used to describe international trade include "world trade," "foreign trade," and "overseas trade." Some people prefer to use the term "international business" to describe the same concept. Regardless of the specific phrase used, international trade is an important part of the modern economy, and helps businesses and countries to expand their markets and increase their overall prosperity.