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Introduction to Trade
1.
http://www.flickr.com/photos/amagill/3366720659 /
2.
http://www.flickr.com/photos/amagill/3366720659 / is
the buying and selling of goods between countries of the World.
3.
Imports are the
goods that countries buy from others. http://www.worldmapper.org/display.php?selected=90
4.
Exports are the
goods that countries sell to others. http://www.worldmapper.org/images/largepng/89.png
5.
http://www.flickr.com/photos/amagill/3366720659 / is
the difference between the exports and imports of a country.
6.
When the imports
of a country are greater than its exports. http://www.flickr.com/photos/articnomad/8806988/
7.
When the exports
of a country are greater than its imports. http://www.flickr.com/photos/amagill/3367543296/
8.
Country Export Import
Surplus or deficit? A $100bn $120bn B $25bn $20bn C $15bn $14bn D $3bn $3bn
9.
10.
http://www.flickr.com/photos/amagill/3367543296/
11.
http://www.flickr.com/photos/amagill/3367543296/ is the
buying and selling of good between countries without import taxes , quotas or subsidies . It is a level playing field.
12.
http://www.flickr.com/photos/amagill/3367543296/ is
when a country seeks to protect its own industry by placing restrictions on the goods of foreign countries, using import taxes , quotas and subsidies .
13.
Pattern? http://www.worldmapper.org/display.php?selected=349
14.
Pattern? Issue? http://www.worldmapper.org/display.php?selected=348
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