The services sector has historically played a key role in the movement of tangible goods around the world. This lecture shows how the import and export of services is not a new phenomenon. A basic grasp of the historical trade in services around the world helps us to better understand the current opportunities available in providing a service at the global level.
After this session, we will be able to do the following:
- Explain the role of the services trade on international trade in general;
- Narrow down some key services if deciding on a service in which to specialize and export; and
- Identify key services exports that may help our export business to grow and flourish.
Additional Learning Resources
Blog Article: What are service exports, and why are they suddenly so important?
Blog Article: The promise of export-led services growth is real
Commentary: Protectionism and the Development of the U.S. Maritime Industry
Video: Let’s Talk Services Trade
