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What do you think? Instead of moving so many jobs overseas to other countries, why doesn’t America just make everything here at home?

Published byIndra Lesmono Modified over 5 years ago

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Presentation on theme: "What do you think? Instead of moving so many jobs overseas to other countries, why doesn’t America just make everything here at home?"— Presentation transcript:

1 What do you think? Instead of moving so many jobs overseas to other countries, why doesn’t America just make everything here at home?

2 Benefits from Trade Specialization
Concentrating on one good/service, allows you to get really good at making that good/service.

3 What would happen if a country refused to trade?
They could not specialize and would be less efficient than they could be

4 Benefits from Trade 2. Greater Choice

5 Benefits from Trade Increased competition
Trade forces companies to be more efficient and have lower costs

6 Benefits from Trade 4. Lower prices for consumers

7 Benefits from Trade 5. Helps us get needed resources

8 Benefits from Trade 6. Allows our country to buy foreign money (which you need to buy their stuff)

9 Benefits from Trade 7. Spread of technology/ideas

10 Benefits from Trade Promotes peace (possibly)
Countries that are trading partners are less likely to go to war

11 Benefits from Trade 9. Allows us to have economic growth

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