74
Lesson 74 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
Money is a medium of exchange.
2
Needs are different from wants.
3
Supply and demand affect prices.
Check Your Understanding
Question 1
1 of 2What is trade?