7th Grade Social Studies

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SS7E9 The student will explain how voluntary trade benefits buyers and sellers in Southern and Eastern Asia. a. Explain how specialization encourages.

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Presentation transcript:

7th Grade Social Studies Voluntary Trade (II) 7th Grade Social Studies

SS7E2 SS7E2 The student will explain how voluntary trade benefits buyers and sellers in Southern and Eastern Asia

SS7E2c SS7E2c: Explain why international trade requires a system for exchanging currencies between nations

International Trade (1) Why is it important to have a system in place to convert currencies? Makes it possible to buy and sells goods between nations that have different types of money

International Trade (II) In order for international trade to be successful, countries need: A system for exchanging currencies