This preview shows pages 1–3. Sign up to view the full content.
This preview has intentionally blurred sections. Sign up to view the full version.View Full Document
Unformatted text preview: Report on International 1 Running head: REPORT ON INTERNATIONAL TRADING SIMULATION Report on International Trading Simulation Joey D. Finley University of Phoenix Report on International Trading Simulation 1o List at least one advantage and one limitations of International Trade as identified in the simulation. International trade with other countries of the world is a must to grow as a nation and improve the world’s economy. The interactions between countries come with some largely profitable transactions but also at unavoidable prices. Despite the consequences good and bad, trading from domestic to foreign nations have distinct positive advantages and undeniable limitations. One of the best reasons for international trade is to improve the competitiveness among other countries. More choices to prices and amounts of goods and services sold are available to consumers. Dependence on other countries can be tapering to allow for more agreeable transactions. Being able to sell excess goods is better than keeping them on the shelves collecting transactions....
View Full Document
This note was uploaded on 03/29/2011 for the course ECON 101 taught by Professor Smith during the Spring '11 term at University of Phoenix.
- Spring '11