FACULTY OF BUSINESS

ACCOUNTING SCHOOL

ACADEMIC REPORT

COURSE:
INTERNATIONAL TRADE

ISSUE:
INTERNATIONAL TRADE IN SERVICES

AUTHORS:

GARCIA FLORES, DARLIN ROSVELT

TEACHER:

CACERES IGLESIAS, PAULO CESAR

CHIMBOTE - PERÚ

(2024)

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INDICE:

Pag.
I. INTRODUCTION ………………………………………………………... 3
II. DEVELOPMENT……………………………………………………...…. 4
2.1. DEFINITION …………….…………………………………... 4
2.2. IMPORTANCE ………………………………………………..4
2.3. CHARACTERISTICS…………………………………………4
2.4. CONCLUSION……...…………………………………………5
III. BIBLIOGRAPHIC REFERENCES ……………………………….…… 6

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 I. INTRODUCTION

It is essential to understand how global economies are increasingly interrelated

beyond the simple transfer of physical goods. Trade in services covers a wide
range of transactions, from tourism to information technology, where knowledge,
skills and experiences are exchanged, becoming a fundamental pillar of the
modern global economy.

In recent decades, international trade in services has grown significantly, driven

by technological advances, the opening of trade policies and globalization, which
has strengthened the connection between countries and generated new
economic opportunities, as well as regulatory challenges.

Services are becoming increasingly important in global trade, especially in a

digital and knowledge-based global economy. This shift has sparked a renewed
focus on formulating trade policies and agreements that address the specific
needs and concerns of trade in services.

In this context, we will explore various aspects of international trade in services,

from definitions and classifications to economic, political and social implications.
Additionally, we will discuss the benefits and challenges associated with this type
of trading, along with the emerging trends that are shaping its future.

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II. DEVELOPMENT

2.1. DEFINITION
International trade in services has seen significant growth in recent
decades due to several factors, including globalization, technological
advances, and trade policy liberalization. This growth has translated
into greater interconnection between the world's economies and
greater diversification of the economic sectors involved in the
exchange of services.

2.2. IMPORTANCE
Economic Growth: Trade in services drives economic growth by
allowing companies to access foreign markets and take advantage of
the comparative advantages of other countries.
Employment Generation: The services sector is an important source
of employment in many economies, and international trade in services
can further increase employment opportunities by facilitating the
expansion of companies and the creation of new businesses.
Innovation and Development: Service exchange fosters innovation
and technological development by allowing companies to share
knowledge and experiences internationally.

2.3. Characteristics
Intangibility: Services are intangible and cannot be stored or
transported in the same way as physical goods. This means that trade
in services involves the transfer of knowledge, skills and experience
rather than physical products.
Diversity of Sectors: Trade in services covers a wide range of
sectors, including financial services, tourism, education, consulting,
information technology, among others.
Enabled by Technology: Technology has played a critical role in the
growth of trade in consumer services. enable the provision of services
through digital platforms and online communication.

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2.4. CONCLUSION
International trade in services is a vital component of the global
economy, driving economic growth, innovation and job creation. Its
importance continues to increase in an increasingly interconnected
and digitalized world. However, it also presents challenges, such as
cross-border regulation and data protection, that must be addressed
to ensure fair and sustainable trade. In summary, trade in services
represents a significant opportunity for economic development and
international collaboration in the 21st century.

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 III. BIBLIOGRAPHIC REFERENCES

Aladi. Secretaria General, (21 de diciembre, del 2020) El Comercio Internacional

de Servicios. Asociación Latinoamericana de Integración.
https://www2.aladi.org/nsfaladi/estudios.nsf/531C334CA119C2BC032586E200
63BAC3/$FILE/06_Servicios.pdf

Miguel Ángel Díaz Mier, (23 de julio, del 2010) Una aproximación al comercio
Internacional de servicios. Universidad de acalá de henares.
https://www.mintur.gob.es/Publicaciones/Publicacionesperiodicas/EconomiaInd
ustrial/RevistaEconomiaIndustrial/367/93.pdf

Comisión Económica para América Latina y el Caribe (13 de febrero, del 2023).
Comercio de Servicios.Naciones Unidas Cepal.
https://biblioguias.cepal.org/comerciodeservicios

Instituto de Investigaciones Jurídicas de la UNAM (30 de marzo, del 2011).

Introducción al Comercio Internacional.
https://archivos.juridicas.unam.mx/www/bjv/libros/6/2951/4.pdf