International Trade
In a previous topic, you learned that resources are not equally distributed around the world. As a result, many countries rely on trading resources internationally. This helps them survive and develop. There are two reasons a country engages in trade: to import needed goods and services, or to export goods and services for profit.
Comparative Advantage

Comparative advantage is important to international trade. Specifically, it explains how countries profit from international trade. In this interactivity, you will learn about this economic concept. Click the player to begin.
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