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Movement in Geography - Coggle Diagram
Movement in Geography
Globalization & Trade
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What is traded? Goods, Services, Money.
Why do we trade? Scarcity, Not enough of a certain product to go around. Specialization, countries specialize in what they make. Comparative advantage, Countries specialize in what they have a comparative advantage in.
Pros of Trade:
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GDP, Gross Domestic Product
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