The trade in goods,services,and capital comprises:

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The trade in goods, services, and capital involves the exchange of large volumes of products and services between countries, as well as investments in various forms, such as foreign direct investment, portfolio investments, and loans. According to the World Trade Organization, the total value of global merchandise trade for 2020 was estimated to be about $18.89 trillion, and the total value of commercial services exports was about $5.5 trillion. Additionally, the value of cross-border investments, including foreign direct investment, was around $1.5 trillion in 2019, according to the United Nations Conference on Trade and Development. Therefore, the trade in goods, services, and capital involves trillions of dollars around the world.

The Trade in Goods,services,and Capital Comprises