INTERNATIONAL TRADE

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What's Out There? Resources to support the work of K-12 Classroom Educators in Ontario (OERB, vLe, OSAPAC, Edugains/Edusource) August 2015

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What you are going to learn next week

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REASONS FOR UNEVEN DEVELOPMENT IN THE WORLD

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Biodiversity

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INTERNATIONAL TRADE

How it is performed

using foreign currency and is subject to additional regulations established by the participants in the exchange and government of countries

foreign trade

Foreign trade is one that refers to the set of commercial and financial transactions, which involves the exchange of goods and services between a particular country with other countries or nations

international trade objectives

Address the needs of the state market, promoting the development of business skills for new business scenarios, the adaptation and use of technology for productive improvement and as an indispensable tool in the search for business opportunities

types of trade exist

Export

import

Increased Efficiency of Trading Globally

Global trade allows rich countries to use their resources such as the sea, labor, technology or capital. Natural resources (land, labor, capital and technology).

way that trade controls trade

Use of licenses and standards, the entry of merchandise is reduced by reducing the number of licenses

Putting limits on the number of items that can be entered into a country

Balance of payments

Method for monitors all monetary transactions calculated quarterly Business account Registration of all commercial transactions of goods only, automobiles, steel, food, etc.

terms used

globalization, internalization

concept

International trade involves the purchase, sale or exchange of goods and services in different currencies and forms of payment