International trade allows for a more competitive pricing market and more competitors in the market. International trade can influence the world economy by making goods obtainable, supply and demand, and services that may not be available to the consumer globally. Imports and exports are very important for international trade. According to Investopedia, an import is where a good or service is brought into a country from another country. The higher the value of imports entering a country, relative to the value of exports, the more negative that country's trade balance becomes. Meanwhile, Investopedia defines an export as a function of international trade whereby goods produced in one country are shipped to another country for future sale or trade where sales of such goods will be added to the gross production of the nation. Exports are exchanged for other products or services in other countries, if used