This paper is written at undergraduate level. It covers the aspects of
             Trade is important to countries all around the world. International
             trade opens up job opportunities and also leads to development of economic
             activity in every region of the trading country. The trading countries must
             also ensure that traders, whether self-employed entrepreneur, corporate
             executive or pensioner must bear the responsibility of making sure that
             goods and services are transported efficiently to global markets. The best
             way to advance in international trade is to work on two aspects namely, the
             Trade Commissioner Service, and also foster productive ways of negotiating
             and administering trade agreements and rules.
             Each and every government all around the world is concerned about the
             wherewithal to endorse greater private investment by adopting and
             implementing the right set of domestic and trade policies. This is because
             effective policies will attract investors, both on the foreign and domestic
             front, and if these policies are not there then they may shy away from
             investing. The "Monterrey Consensus" states that "To attract and enhance
             inflows of productive capital, countries need to continue their efforts to
             achieve a transparent, stable and predictable investment environment, with
             proper contract enforcement and respect for property rights . . . ." This
             quote just amplifies that the people in every country have the right to
             good governance and should also respect the rule of law. This implies the
             need to have independent judicial systems and mechanisms to fight against
             corruption. APEC is working on these challenges to obtaining the objective
             of "Strengthening Economic Legal Infrastructure."
             Another element that is essential to this is transparency' because it
             is imperative for the development and functioning of strong economies and
             markets. This require...