International Trade

International Trade

1. Have you ever exchanged lunch with your friend?

2. Why?

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​What did you bring for lunch?

1. What flavor of ice-cream do you like?

2. In exchange for the ice-cream, what do you give the ice-cream man?

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​Do you like ice-cream?

​Fiji does not have Oil, so we buy Oil from other countries...in exchange for money

​Import - refers to buying of goods & services from other countries

​What are other type of goods we buy from other countries?

Export- refers to selling of goods and services to other countries

Open Ended

Define Export.

Open Ended

Name a product that Fiji exports to other countries.

Open Ended

Define Import.

Open Ended

Name a product that Fiji buys from other countries.

Poll

Do we import or export these goods?

• Export

• Import