Final answer:
A Belgium company sells its products to a retailer, who distributes them across Europe and Asia, illustrating the concept of indirect exporting. Belgium's economy capitalizes on exporting manufactured goods, benefiting from international trade and economies of scale. The global marketplace features diverse international supply chains, affecting consumers and workers worldwide.
Step-by-step explanation:
A Belgium company engaging in indirect exporting by selling its products to a large retailer in Belgium, who then sells these products throughout Europe and Asia, is a testament to the interconnected nature of the global marketplace. Belgian industry has historically adapted quickly to technological advancements, such as during the Industrial Revolution, making it a strong player in the export of goods such as finished diamonds, food products, metals, technology, petroleum products, and plastics. Belgium's economic approach emphasizes the import of raw materials for manufacturing goods for export, tapping into the concept of economies of scale and the benefits of international trade.
The impact of international trade is evident as products and services are sourced from various countries around the world, shaping a diverse and interdependent global economy. With Belgium's strategic trade practices, it plays a significant role in this international network, where the sale of exports directly contributes to the income of workers and companies. The rise in trade volume over the years showcases the growing importance and complexity of international trade relationships.