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International Trade

International Trade. The key to trade is specialization. People sell the goods and services they are best at, then purchase the goods and services that other people are best at. If you want to find out what a country specializes in, look at its exports. The U.S. and International Trade.

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International Trade

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  1. International Trade • The key to trade is specialization. • People sell the goods and services they are best at, then purchase the goods and services that other people are best at. • If you want to find out what a country specializes in, look at its exports.

  2. The U.S. and International Trade • Exports are the goods and services that a country produces and sells to others. • Imports are the goods and services that one country buys from others. • Without international trade, many products would not be available on the world market

  3. The Basis for Trade • absol

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