As Adam Smith said, everyone lives by exchanging. They exchange—buy and sell—to make themselves better off. Does the same principle apply to international trade? Do nations benefit from importing and exporting? The November 2016 issue of Page One Economics explains the basics of international trade and its importance to the economy.
• Student Edition (pdf)
• Student Edition (html)
Interested in using our
online learning resources?
Click on the apple
to get started.
