Marketing Essentials

Section 1: International Trade

After You Read Online Action

Key Terms and Concepts

1. International trade is the exchange of goods and services among nations.
2. Two reasons are health reasons, as in contaminated products, and political or diplomatic reasons.
3. The common goal of all three agreements is to establish trade guidelines and set up trading alliances.

Academic Skills

4. 38 billion yen
5. The embargo is political in nature; Cuba is a communist country and U.S. policy does not support communist countries.