Group+1

= = =Welcome members of group 1= toc

Members

 * Rodríguez Vega |||||| Francy Carolina ||
 * Suarez Orejarena |||||| Yusmar Alicia ||
 * Sierra |||||| Angel Rafael ||
 * Gomes Agrela |||||| Angélica María ||

Your Tasks
Go to our pbworks page and answer here the following activities:


 * Class discussion** activities 3 and 4.
 * Checking our ideas: Why do countries trade?** activities 1 and 2.

1)

3.- What are the reasons countries trade? Countries trade because they need meeting the needs of the population and not all countries have the same resourses or the capacity for produce with the same cost of production.

What disadvantages might there be? Ones countries could benefit more than others, that depend of many factors for example the value of currency, the capital, the technology...

What factors do you think influence trade? The technology, the cost of production and transportation, the labor, the agreement between Multinational and others.

4.- We favor trade for the following reasons:

- Countries can meet the needs of their populations. - There are better capital fluctuation between nations. - Countries have the posibility of being in process of development. - The domestic trade expands.

2)

1.- We read the text: " Reasons for International Trade"

2.- A nation trade because it lacks tre raw materials, climate, specialist labour, capital or technology needed to manufacture a particular good. Trade allows a greater variety of goods and services.

The principal advantage is the principle of comparative advantage that has each country, and the disadvantages are tariffs, quotas and protection techniques.