10
Lesson 10 of 84 · Trade and Commerce
Trade Agreements Between Countries
Imports are goods brought into a country; exports go out. The U.S. imports electronics from Asia and exports agricultural products worldwide.
Key Facts
1
Trade connects people globally.
2
Every choice has an opportunity cost.
3
Money is a medium of exchange.
Check Your Understanding
Question 1
1 of 2What is an opportunity cost?