Trading favorites
Download
1 / 10

Trading Favorites - PowerPoint PPT Presentation


  • 41 Views
  • Uploaded on

Trading Favorites. Grades 7-12. W hy would you consider trading something you have for something someone else has ? Why do countries trade with one another?. An absolute Advantage :

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about ' Trading Favorites' - ezra-wynn


An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript
Trading favorites

Trading Favorites

Grades 7-12


Why would you consider trading something you have for something someone else has?Why do countries trade with one another?


  • An absolute Advantage :

  • A county or countries that produce goods that other countries cannot produce themselves has an Absolute Advantage in trade.


  • A Comparative Advantage:

  • When one country can produce a product or service more efficiently than other countries, they hold a comparative advantage.


Competitive Advantage:

  • A market may be created based on a real or perceived advantage. Real differences may be difficult, if not impossible to detect. This perceived advantage gives a country a competitive advantage.


Factors that influence trade
Factors that Influence Trade

  • Climate and Seasons

  • Economic reasons

  • Geographic proximity

  • Consumer demands

  • Cultural Practices

  • Resource availability

  • Research and technology

  • Severe natural and ecological events




Top 25 export commodities processing level
Top 25 Export Commodities/processing level

  • Soybean Bulk

  • Corn Bulk

  • Wheat – unmilled Bulk

  • Cotton Ex Linter Bulk

  • Other Feeders & fodder Semi-processed

  • Pork Fresh/Frozen Processed HVP**

  • Beef & Veal Fresh/Frozen Processed HVP

  • Misc Horticulture Products Processed HVP

  • Chickens Fresh/Frozen Processed HVP

  • Other Grain Products Processed HVP

** HVP – High Value Product


Top 25 export commodities processing level1
Top 25 Export Commodities/processing level

  • Soybean Meal Semi-processed HVP

  • Almonds Raw

  • Rice-Paddy Milled Bulk

  • Other Veg Oils/Waxes Semi-Processed HVP

  • Related Sugar Products Semi-processed

  • Essential Oils Processed HVP

  • Nonfat Dry Milk Processed HVP

  • Other Dairy Products Processed HVP

  • Seed Field/Garden Processed HVP

  • Beverages Excluding Juice Processed HVP

  • Other Veg Products Processed HVP

  • Soybean Oil Semi-Processed HVP

  • Wine Processed HVP

  • Chocolate Processed HVP

  • Bovine Hides – Whole Semi-Processed HVP


ad