Chapter 99 · Part 1

International Trade

Concepts

Formulae

9 min

Read time

Intermediate

Learning objectives

1Explain 1 Understanding Trade
2Explain definition and Principles
3Explain money Evolution
4Explain 2 History of International Trade
5Explain ancient Trade Patterns
6Explain medieval and Early Modern Trade

Your learning path

Introduction

19.1 Understanding Trade

Definition and Principles

Money Evolution

19.2 History of International Trade

Ancient Trade Patterns

Medieval and Early Modern Trade

Industrial Trade Revolution

19.3 Basis for Trade: Comparative Advantage

Summary

Quiz

Revision

Follow the full path

Key terms

CoreTradeClimatePeripheryTechnologyMercantilismModern TradeConsequencesTerms of TradePopulation SizeColonial LegacyBilateral TradeMonetary ExchangeEarly LimitationsNatural ResourcesCultural Products

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27Concepts

0Formulae

9Minutes

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