Competition and impact of international trade in the markets of developing countries

Abstract

International trade plays a key role in the country's economy and the world economy. Necessarily, foreign policies are related to trade barriers being the most difficult to achieve, in addition to playing an important role for the business sector and its competitors. Through this work, three important aspects related to international trade and the competition market are analyzed: the importance of free trade in an economy; The way it influences a capitalist free trade economy and how a small number of suppliers leads to imperfect competition. This article tries to answer important questions related to the main topic, as reasons why free trade is important; what makes globalization carry the economy of commerce; And is monopoly safe in the long term? Additional concepts about developing countries, various economic systems, will be part of this work. Today, most markets are populated and usually manipulated by large companies. Some of them are the only supplier (monopoly) or, more frequently, one of the few suppliers (oligopoly), currently with more force at the national level, but increasingly worldwide. The advance of capitalism is attributed to the spread of free trade and the free market. Because governments argue and restrict international trade and more commonly do not interfere in the market work of these countries that develop capitalism. No monopoly is safe in the long term. Companies that once had almost a monopoly on their markets and those that had been affected by inventories have lost those positions and even disappeared in the garbage dump of history.