Global Trade

Dr. Forrester discusses the basics of economics, focusing on global trade. The video covers the history of trade, from ancient times to modern global trade, highlighting the benefits and challenges. It explains how global trade allows access to products not available locally and discusses the economic opportunities it creates. The video also addresses the disadvantages, such as supply and demand issues and geopolitical conflicts. Overall, global trade is presented as a positive force in the world economy.

What are some disadvantages of global trade mentioned in the text?

What variety of products are traded globally according to the text?