Secondary Product, Items that come off a primary product (Leather from cow), Tertiary Product, Industries that are involved as a result of trade with the product, Commodity, A raw material that can be bought and sold, Comparative Advantage Theory, Countries should trade what they are good at with other countries so everyone benefits, Export, Products sent from a country and traded with another country, Import, Products brought into a country from another country, Balance of Trade, The difference between exports and imports, Trade Deficit, Countries that have a negative balance of trade and can get poorer.

Globalisation

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