Imports vs. Exports 1. Recognize local, state, national, global scope of agriculture. 2. Compare importing and exporting practices related to agricultural.

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Presentation transcript:

Imports vs. Exports 1. Recognize local, state, national, global scope of agriculture. 2. Compare importing and exporting practices related to agricultural commodities.

Imports!  What is an import? 1. An import is a commodity brought in from abroad.

What are the top US imports?

Answer! 1. Bananas, coffee, tea, cocoa, spices 2. Fresh and processed fruits 3. Fresh and processed vegetables  Tea Bananas->

What countries do we import from the most??

Answer!!! 1. China 2. Canada 3. Mexico 4. Japan

What is an export? 1. An export is a commodity shipped to other countries or places for sale or exchange.

What are the top 3 US exports?

Answer! 1. Soybeans 2. Corn 3. Wheat

What countries do we export to the most???

Answer!!!!!!!!!!! 1. Canada 2. Mexico 3. Japan 4. China

Why does the United States import agricultural products when we are able to produce so many of them ourselves?

Answer  Agriculture is a unique industry in that it has a positive trade balance.  This means that the United States exports more food and fiber than they import.  Why do you think it is important for the United States to maintain this balance?

Why should the United States maintain its ability to export more than it imports?

Answers!! 1. The U.S. has the ability to produce adequately for their people, so they should continue to use as much of our resources as possible instead of relying on importing practices. 2. Being such a powerful country, we should maintain our ability to export more than we import – we shouldn’t rely on other countries to take care of us. The U.S. should support American farmers and agriculturalists as much as possible – if we can produce it efficiently, we should use the supply.

Assessment 1. Define Import. 2. Define Export. 3. What are the top 3 US exports? 4. What are the top3 US imports? 5. Why should the United States maintain its ability to export more than it imports?