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SOL CE.12f
Civics & Economics SOL CE.12f
Question | Answer |
---|---|
What is the worldwide selling of goods and services? | Global Economy |
Virginia and the United States pursue international trade in order to increase… | wealth |
Nations trade in order to buy goods at a _____ or goods they cannot _____ themselves. | Answer #1 – lower cost Answer #2 - produce |
Selling goods to other nations helps create… | new jobs |
When companies in the United States specialize in producing certain goods and services it promotes… | efficiency and growth |
Technology _____ the cost of production. | lowers |
Innovations in _____ like the internet contributed to the global flow of information, capital, goods, and services. | technology |