Unit 8 Internatinal Trade.pptVIP

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Unit 8 Internatinal Trade.ppt

Unit 8 Internatinal Trade After studying this section, you are required to; 1. learn the definitionof “international trade” 2. understand the reasons for the international trade 3. understand the theory of comparative advantage Text A: International Trade Questions for you to think about: 1. What is trade? 2. What is international trade? 3. How did trade between nations first come into being? 4. Some nations are short of natural resourcs, but they are prosperous in tourism. Is it also a kind of international trade? Reading Comprehension 1 .Read the following statements and decide

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