Explain that most trade takes place because of comparative advantage in the production of a good or service.
The student will explain why individuals, businesses, and governments trade goods and services.
No resources have been tagged as aligned with this standard.
Compare and contrast different types of trade barriers, such as tariffs, quotas, and embargos.
Explain how the four transportation systems from SS8G2 contribute to Georgia’s role in trade.
Compare and contrast different types of trade barriers such as tariffs, quotas, and embargoes.