International Trade Understanding the culture of the country or region in which you operate is a fundamental skill for the international businessman. Without this knowledge, the success of the business venture may be in jeopardy. “The level of world production in a given year influences the level of international trade in that year.” This means that the slower the world economy, the lower the international trade, and the higher the economy, the higher the trade volume. and ideas, goods and money across national borders, which has led to greater interconnectedness among the world's people, economically, politically, socially and culturally. Although globalization is often thought of in economic terms, this process also has many social and political implications. Many in local communities associate globalization with modernization. Globally, globalization is thought of in terms of the challenges it poses to the role of governments in international affairs and the global economy. There are heated debates about globalization and its positive and negative effects. While many think that globalization has the potential to make societies richer through trade and to bring knowledge and information to people around the world, there are many others who perceive globalization as contributing to the exploitation of the poor by the rich , and as a threat to traditional cultures as the process of modernization changes societies. Some link the negative aspects of globalization to terrorism. To put a complicated discussion into simple terms, they argue that exploitative or declining conditions help attract informal “extremist” networks that commit criminal or terrorist acts internationally. And thanks to today's technology and integrated societies, these networks extend across the globe. It is in this sense that terrorism is also "globalized". Over the last two centuries, economic activity has become increasingly globally oriented and integrated. Some economists argue that it no longer makes sense to think in terms of national economies; International trade has become central to most local and national economies around the world. Among major high-income economies, sometimes referred to as Organization for Economic Co-operation and Development (OECD) countries, 60% of total economic output, or GDP, is associated with international trade. 34% comes from trade between high-income countries and low- and middle-income countries.