World Economy

What is trade between two states called?

• International Trade

• Fairway Trade

• Domestic Trade

• Friendly Trade

What is trade between two countries called?

• States Trade

• International Trade

• Presidential Trade

• Domestic Trade

What is one way that goods are shipped?

• by wagon

• by truck

• by hoverboard

Use the key to help you answer the question.

Which resource is NOT found in the circled region of South America?

• cattle

• sheep

• fruit

• corn

What does scarcity mean?

• surplus

• increase

• money

• shortage

Use the map to answer the question.

Based on the map, what is one resource that can be found in Africa?

• oil

• pineapple

• leather

Importing is ____________________.

• buying goods from another country

• using goods

• selling goods to another country

Exporting is ________________________.

• buying goods from another country

• getting gold

• selling goods to another country

People trade because someone has something they want or need.

• True

• False

Many states grow or manufacture goods that are not available in other states.

• True

• False