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International trade has under gone a sea change in the last fifteen years.

Exchange of commodities and goods have been superseded by the exchange of information and knowledge. India has emerged as a software giant at the international level and it is earning large foreign exchange through the export of

information technology.

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Q: The changing nature of international trade in last 15 years?
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International Trade Specialist?

For a business-minded individual, a career as an International Trade Specialist could be a rewarding and profitable employment path. International Trade Specialists can find employment with government agencies, banks, foreign investment firms, and consulting firms where they are a vital part of the team in developing and expanding business opportunities around the world.Job ResponsibilitiesInternational Trade Specialists perform a variety of vital functions within the business community. People in these positions provide assistance to businesses involved in the export of goods and services to foreign countries. They may perform international market research and design strategies to overcome competition with other markets. International Trade Specialists will also be required to both analyze and interpret international trade issues and help develop policies that will make international trade more effective.International Trade Specialists are also responsible for creating networking opportunities, including alliances and partnerships. It is also crucial for this employee to be up to date on the latest market trends to keep clients and businesses informed when making investments in another country. The International Trade Specialist should also be able to forecast and make future projections for businesses regarding investment and international trade opportunities in other countries.EducationInternational Trade Specialists generally have at least a Bachelors degree from an accredited university, but a graduate degree would make them more attractive to prospective employers. Students hoping for a career as an International Trade Specialist should choose a major like business administration, political science, marketing, international business, or economics to prepare themselves for this career field. Other areas of study that they will have to learn to do their jobs effectively include public policy, international trade, international affairs, and intercultural relations.SalaryThe median salary that a typical International Trade Specialist in the United States can expect is $78,638 annually. Pay can be affected by employer size and years of experience, but the 25 percentile generally make $61,000 a year, while the 75th percentile makes over $95,000 annually. This is with some experience, so starting salaries can be expected to be somewhat lower.