Title: International Trade 101 -- Video
Course: Kelly's Copy-Export Course > Section: International Trade 101

This video introduces the benefits and costs of international trade. You’ll learn about how international trade usually benefits consumers using the example of a country opening to trade coffee with the rest of the world. You’ll also learn about the costs of international trade. In our example, domestic sellers must now compete with sellers from around the world who offer cheaper prices, and not everyone will be able to compete. This explains why sometimes governments enact trade measures like tariffs to protect their domestic businesses.

Watch the video and then click "next" to take the quiz.