Final answer:
The statement is true; international trade includes exports, imports, and foreign direct investment, as all these aspects play a vital role in the exchange of goods, services, and investment across national borders.
Step-by-step explanation:
The statement that international trade includes exports, imports, and foreign direct investment is True. International trade indeed encompasses the exchange of goods and services (exports and imports) across international borders, which forms a substantial part of a country's Gross Domestic Product (GDP). Additionally, foreign direct investment (FDI) is an integral part of international trade, involving investments made by a company or individual based in one country, into business interests located in another country. Examples of FDI include establishing business operations or acquiring business assets in the foreign country, such as ownership or controlling interest in a foreign company.
Understanding international trade is crucial in today's global economy, as it influences GDP, affects industries and workers by shifting labor and capital investments, and has a far-reaching impact on economic relations among nations. The vast extent of international trade can be seen in the multitrillion-dollar flows of imports and exports, as well as the significant level of foreign investments made by individuals, businesses, and governments worldwide.