Trade and Globalization

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Trade and Globalization 1Trade and Globalization TABLE OF CONTENTSTRADE AND Globalization ........................................ ........................................ ............................... 2 INTRODUCTION ........................................ ........................................ ........................................ ........................................ ............................. 2 A SNAPSHOT OF Trade ........................................ ........................................ ........................................ ........................................ ........ 3 PRIMER 1: THE ECONOMICS OF INTERNATIONAL Trade ........................................ ........................ 8 INTERNATIONAL Trade IN HISTORY ........................................ ........................................ ........................................ .................................... 8 WHY DO NATIONS Trade ?

A Snapshot of U.S. Trade In the year 2011, Americans sold $2.1 trillion in goods and services to corporations and consumers in other countries.Goods and services sold to other countries are called exports. In 2011, Americans also bought roughly $2.66 trillion in goods and

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