Global Economy: Trade (2024)

The global economy is innately tied to trade; it allows countries around the world to obtain any resource they may want, whether or not it is produced on the home front. This availability of resources is facilitated through trade. The global economy allows us to eat the foods we want all year round andbuyclothing and gadgets at lower prices. Duringtimes of peace, it is beneficial in a global economy,to see othernationssucceed. On the other hand, during times of unrest, dependence on outsidenations,in a global economy,may seem scary. Dueto globalization and other factors, it isimpossible for large industrialized nations toexit the global economy without devastating effects.

These resources will help to teach students more about the global economy and the central role that trade plays.