The Economics of Global Trade

Perhaps you have heard of terms like "scarcity," "opportunity cost," or "supply and demand." Each of these ideas has something in common. They belong to a system of trade, exchange, money, and policy that affects billions of lives in every country and government across the world. The study of this system is known as economics. From the food on your table to the bed you sleep in, economics matters more than you may realize. The Economics of Global Trade provides information about the basics of…