ITS - TCP - 001 - Introduction to International Trade In recent years the world economy has been undergoing profound changes. Domestic trade has become global trade, where the entire world is a global market. In this unit you will learn about the nature and background of International Trade. This will be achieved by: - Learning about liberalisation and the origins of the WTO. - Learning about globalisation and the positive and negative effects of globalisation. - Exploring the various World Economic Agreements and their relevance to the different regions throughout the world. - Reviewing the various World Organisations and their influence on International Trade. - Exploring the history of International Trade.