What can I do with a Master in International Trade?


Monday, November 1, 2021

Are you interested in business and trade? Find out what you will learn with a Master in International Trade, what you can do with it, and everything you need to know about it.



What is International Trade?

International trade is defined as the exchange of capital, goods, and services across international borders or territories to meet the need or want of goods or services. 

Globalization has made it possible for countries to exchange goods they can’t produce themselves from other countries so that every country benefits from each other. International trade between different countries is an important factor in raising living standards, providing employment and enabling consumers to enjoy a greater variety of goods. 

If you are interested in studying International Trade, keep reading to learn more about a Master’s degree in the US.

What will I learn with a Master in International Trade?


A master’s degree in International Trade provides students with a deep insight into the international trade environment, together with an understanding of the export process/logistics through the use of present-day applications. 

Students develop skills in the analysis of trade databases, the identification of export opportunities and in the estimation of economic models.

Typical tasks include:

  • Optimisation of business growth possibilities in other nations;
  • Observation of the merchandising or sales investigations and their results;
  • Formation and development of foreign trade associates;
  • Compilation of policies, standard principles and regulations of trade goods and commodities;
  • Analysis of data on various international or global merchandising, selling and sales styles.

Importance of International Trade

The field of international trade enables countries to expand their markets for both goods and services that otherwise may not have been available domestically. 

As a result of international trade, the market is more competitive, which results in more competitive pricing and brings a cheaper product home to the consumer.

Reasons why International trade is important:

1. Use raw materials
Some countries have abundant raw materials and, without trade, those countries would not benefit from the natural endowments of raw materials. Plus, other countries that lack those resources would not be able to acquire them.

2. Greater choice for consumers
In the real world, a driving factor behind trade is giving consumers greater choice of products. This way, consumers are able to choose what to spend their money on from a wide variety of products, brands and qualities.

3. Greater efficiency
For high value-added products, multinationals often split the production process into a global production system. Trade enables a product to have multiple country sources. With car production, the productive process is global with engines, tyres, design and marketing all potentially coming from different countries.

4. Global growth and economic development
International trade has been an important factor in promoting economic growth, as it keeps the world moving and competing, which creates an environment of cooperation and growth.

Do you want to work in the field of international trade? A Master in International Trade is the way to go! Click here to find the best programs available on our website.




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