import
a nation should produce and sell goods to other countries that it produces most efficiently and buy goods produced more efficiently by other countries
All countries sell goods to other countries, if they have goods to sell. Not every country has everything, so by selling their wares, the country can buy things that they don't have. Also, it is a way of building their economy; the more they sell, the richer they become.
it means they are taking in more money exporting its goods than it pays out to buy goods from other countries
these are called exports. imports are the ones that other countries sell and that we buy
import
trade goods
a nation should produce and sell goods to other countries that it produces most efficiently and buy goods produced more efficiently by other countries
All countries sell goods to other countries, if they have goods to sell. Not every country has everything, so by selling their wares, the country can buy things that they don't have. Also, it is a way of building their economy; the more they sell, the richer they become.
Northerners were angry,because this would cause people to buy goods from other countries.
it means they are taking in more money exporting its goods than it pays out to buy goods from other countries
Money is kept for himself to buy goods from other countries
Because it makes the finer goods that they buy from other countries more expensive
International trade is the exchange of goods and services between countries. Trade happens because no country has everything it needs. Countries buy things that they do not have, or things that are cheaper, from other countries.
It matters. Athens just traded with other countries. Sparta attacked other city-states and and stole. That's how they did it.
Nations depend on other countries to buy their surplus goods so that they in turn can buy the products and raw materials they need.
these are called exports. imports are the ones that other countries sell and that we buy