Trade Benefits

It is exchanging goods and services that a person or country has for goods and services that they need

On the local level when you go to the grocery store you trade your money for the food you buy. You need and value the food and they need and value the money.

On a national level if a country has a lot of oil and no computers it will trade the oil to a country that has no oil, but instead has too many computers. Both countries benefit.

Imports are goods and resources brought into a country.

Exports are goods and services sold or traded from a country.

Trade benefits all parties involved

People can get goods and services they otherwise would not have

Because of trade, goods and services will be cheaper to buy

You will also have more choices to buy from because of trade

It can make people and countries wealthy