8.2.1 - Basis of International Trade
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Practice Questions
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What is international trade?
💡 Hint: Think about how countries get the items they need.
What is a barter system?
💡 Hint: Remember how people traded goods before money existed.
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Interactive Quizzes
Quick quizzes to reinforce your learning
What is international trade?
💡 Hint: Focus on the key definition of international trade.
True or False: The barter system was the first form of trade.
💡 Hint: Consider how trade began historically.
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Challenge Problems
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Evaluate how the balance of trade impacts a nation’s economy and suggest solutions for countries facing a negative balance.
💡 Hint: Think about how improving trade policies can help.
Critically analyze the effects of globalization on local economies and provide examples.
💡 Hint: Consider both benefits and drawbacks of global trade.
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