What is trade?

How does trade impact national development? What does it do for the economies of rich countries? What does trade do for the economies of poor countries?

What is an exported good? What is an imported good?

What is a tariff? How do tariffs, quotas and subsidies impact trade? Why are they enforced?

How does trade impact shopping for (a) consumers and (b) producers?

What is the difference between aid and trade for helping a country become developed?

What is protectionism?

Do you live in a rural or farming community? Have you ever heard about government subsidies in your country? How do they impact farmers? Your national economy?

What does the World Trade Organization do? What does to liberalize trade mean?