Introduction to Trade

1,967 views
1,877 views

Published on

Published in: Education
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
1,967
On SlideShare
0
From Embeds
0
Number of Embeds
369
Actions
Shares
0
Downloads
52
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

Introduction to Trade

  1. 1. http://www.flickr.com/photos/amagill/3366720659 /
  2. 2. http://www.flickr.com/photos/amagill/3366720659 / is the buying and selling of goods between countries of the World.
  3. 3. Imports are the goods that countries buy from others. http://www.worldmapper.org/display.php?selected=90
  4. 4. Exports are the goods that countries sell to others. http://www.worldmapper.org/images/largepng/89.png
  5. 5. http://www.flickr.com/photos/amagill/3366720659 / is the difference between the exports and imports of a country.
  6. 6. When the imports of a country are greater than its exports. http://www.flickr.com/photos/articnomad/8806988/
  7. 7. When the exports of a country are greater than its imports. http://www.flickr.com/photos/amagill/3367543296/
  8. 8. Country Export Import Surplus or deficit? A $100bn $120bn B $25bn $20bn C $15bn $14bn D $3bn $3bn
  9. 9. <ul><li>The country doesn’t have to take out loans to fund public projects and services. </li></ul><ul><li>The country can invest in infrastructure and services. </li></ul><ul><li>These improvements will help improve the quality of life in the country. </li></ul><ul><li>The country can help industry develop and maintain it’s competitiveness, through grants and subsidies. </li></ul>There are a number of advantages to having a trade surplus http://www.flickr.com/photos/hmtreasury/4720955639/in/set-72157624207966917/
  10. 10. http://www.flickr.com/photos/amagill/3367543296/
  11. 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. 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. 13. Pattern? http://www.worldmapper.org/display.php?selected=349
  14. 14. Pattern? Issue? http://www.worldmapper.org/display.php?selected=348

×