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Import.Export, and Exchange rates:Crash Course Economics By: Hailey Taylor Period 1    

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Import.Export, and Exchange rates:Crash Course Economics By: Hailey Taylor Period 1    

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It might seem that China is the United St ate's biggest importer, but in reality it's Canada. "In 2014,[the] net exports in the U.S. were negative $722 billion dollars." This was a Trade Deficit.  A trade deficit is when "the amount by which the cost of a country's imports exceeds the value of its exports." This can also be caused by the value of the money/currency. When the U.S. dollar is higher then then the country that it is trading this is called appreciated. When the U.S. dollar is lower then the country it is trading with this is called depreciated. The international organization WTO "has been effective in getting countries to agree to specific rules and help settle disputes " with trading. The WTO has also been accused if siding with rich countries.

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Import, Exports, and Exchange By: Justin Miller

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Import, Exports, and Exchange By: Justin Miller

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International trade is the main source of the global economy. When a country sends a shipment of goods to another country the country sending the goods is exporting the goods. The country receiving the goods is called importing. The U.S.  is the worlds largest importer because americans like collecting items. In 2014 americans imported over two trillion dollars worth of goods from countries all around the world. The USA's largest trade partner is Canada. The USA is the worlds largest exporter too. The difference between a countries exports and imports is called net exports. NAFTA was created to drop trade barriers between Canada, The USA, and Mexico.

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Imports,Exports and Exchange rates: Crash course economics By: Jonathan Miller p.1

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Imports,Exports and Exchange rates: Crash course economics By: Jonathan Miller p.1

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Yes, as you might expect the United States is the worlds biggest importer because we american's surely do love our items. In 2014 the United States of america imported over 2 trillion dollars worth of oil,cars,and clothing.Now this may come as a shock to you but did you know that China is actually not our biggest trade partner is actually Canada. The U.S and Canada trade around 600 billion dollars every year in goods and services. Also, fun little fact the United States is the worlds second largest exporter. The annual difference between a countries imports and exports is called a net export. What this means is say for example "Brazil exports 250 billion dollars worth of goods and imports 200 billion then its net exports is 50 billion", Which that means that Brazil would have a trade surplus."In 2004, The US were negative $722 billion dollars. That's what you would call a trade deficit. International trade means that in some sense it doesn't make sense to make every thing on your own if you can trade with countries that have a comparative advantage. Alright so for this thing called Trade deficit " It would seem that exporting goods makes you rich and importing goods makes you poor after all if we buy products that are produced in other countries then were shipping jobs over seas right?". Okay lets imagine I want to buy shoes so the US's shoes cost more but sense another country like Malaysia has a lower labor cost it would cost less to buy the shoes in Malaysia. Then with the extra money I saved I could go to a restaurant and buy goods and services that would not have existed if I bought it from the US.

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Imports, Exports and Exchange Rates: By Rebecca Brookhart P.1

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Imports, Exports and Exchange Rates: By Rebecca Brookhart P.1

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Trade is an exchange of goods and services. Countries trade to help their economy grow. An example of trade would be China trades clothing with the U.S. "The U.S is the worlds largest importer." In 2014 the U.S imported over two trillion dollars worth of things like planes. Some people think that China is the largest trading partner of the U.S but it is not true Canada is actually the largest trading partner of the U.S. "In 2014, Net exports in the U.S were negative $722 billion. That's what you call a trade deficit. The U.S has low trading rates. In conclusion it makes no since to make everything on our own because of supply and demand and imports and exports.

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Imports, Exports, and Exchange Rates; Crash Course By, Lukas Stoltz 

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Imports, Exports, and Exchange Rates; Crash Course By, Lukas Stoltz 

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Trade, to put it simply, is the fairly fair exchange of goods, and services. "Trade is the lifeblood of the US."Trade, is very important for everyone. Because, if someone has too much of something, and too little of something else, you would trade. The US could make its own clothes, but it would be cheaper if we traded. This would be a mutual benefit.

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Foreign Currency Exchange by Isaac Greenfield p.1

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Foreign Currency Exchange by Isaac Greenfield p.1

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"Currency is money" money that we use in our every day life, but what happens if you go to Paris what happens to your money then?You have to exchange it for a different kind of currency life the Euro.This is called Foreign Currency Exchange it is when you trade something like US dollar to the British Pound."if you want to by a panting in Paris than you have to have the Euro, if you want something in London you will need British Pound".When I go to a different country I will have to exchange my currency (the US dollar) for that countries currency by buying their currency with your own currency.

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Imports, Exports and Exchange rates by: Kylie Auster

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Imports, Exports and Exchange rates by: Kylie Auster

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Trade is an exchange between goods and services. Most counties in the world import and export goods and services in to other countries around the world. It can be a good thing at some points but it can also lead to being a really bad thing. Countries can loose money by importing goods into their country and not exporting the goods that they only can make in their country. For example the USA lost millions of dollars to other countries because they were buying exports and bringing them into their country which is called import. However imports and exports can be a very good thing because if you look at a lot of the things you buy in stores they are cheeper. That is because other countries can make clothing, toys, cooking utensils and many more things for way less money so then it will be less money for us to buy. Even though you pay less the  country can still pay more.

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Climate Change is affecting every continent now which is affecting many things like weather, coral reefs, and us. Sea levels are rising from the climate change and now there's horrible weather like hurricanes, tornados, fires. "The greenhouse gas emissions from human activities are driving climate change and continue to rise." Does that mean cars are affecting the climate change or what is going on while people drive cars around all day?? Cars are polluting the air we need to survive.  Also because of climate change the polar ice caps is melting and there is a lot of animals who live and survive on the  cold of the polar ice caps will die because they will have no home and it will be getting warmer up there. "But climate change is a global challenge that does not respect national borders." so what is going to happen if we don't stop climate change or if we don't do something about it.

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The importance of trade by: Laurel Kirchner p.1

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The importance of trade by: Laurel Kirchner p.1

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Trade is the exchange of goods and services. Trade is very important because it keeps the population of the world running.Only certain countries produce goods which they trade with other countries that produce different items that country doesn't make. Most of the time "people or civilizations trade things that they have too much of for the things they don't have enough of."An example of trade is Canada trading with the United States,Canada makes maple syrup while the United States grows lots of wheat they could trade those items so they don't loose money.Instead of loosing money they are gaining money because they aren't spending money on things that are harder to make in their country.Normally,countries that don't trade usually are in poverty.This is why trade is important without trade you are loosing money and could go into high poverty because most countries that trade are in low poverty or not in poverty at all but.Those are a few reasons why trading is important and why it is useful to countries.

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Imports and Exports  By: Courtney Klinker P.1

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Imports and Exports  By: Courtney Klinker P.1

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Trade is the exchange of goods or services. Most countries import and export goods to help their economy grow. Specialization helps countries get higher quality goods faster because one country will be good at making something so they decide that they will make that and a few more things and they will export the other goods needed. Sometimes a country will import more than they export and this is called trade surplus. However, some export more than they import. This is called a trade deficit. "The United States is the worlds largest importer" stated Jacob Clifford from Crash Course Economics. Somehow, some years we still have a trade deficit. The United States biggest trade partner is Canada, most would think it is China. "The U.S. and Canada trade over six-hundred billion dollars worth of goods and services each year" stated Jacob Clifford. There are many things that can go wrong when trading but this is an over all great idea to help with economies.

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Sustainable Development Goals: Corral Reefs By: Paige Mulqueen P.1

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Sustainable Development Goals: Corral Reefs By: Paige Mulqueen P.1

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Well this article talked about how climate change is greatly affecting our corral reefs. One major thing that has happened so far is the Great Barrier Reef, which has had 90 per cent of it bleached and 20 per cent of the reef’s coral killed. Though, researcher "found that the reefs in Taiwan and the Turks and Caicos archipelago will be among the first to experience annual bleaching, followed by reefs off the coast of Bahrain, in Chile and in French Polynesia." There is still hope, though. They know that they have to try as hard as they can to save the coral reefs, but time is running out. From 2014 to 2016, the world has had the longest global breaching that has ever been recorded. There is another problem though, "On average, the reefs will start to undergo annual bleaching starting in 2014, according to the study. Without the required minimum of five years to regenerate, the annual occurrences will have a deadly effect on the corals and disrupt the ecosystems which they support." The ecosystem will take a serious hit if this happens.

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Imports, Exports, and Exchange Rates: Crash Course Economics by Cole Bettale  

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Imports, Exports, and Exchange Rates: Crash Course Economics by Cole Bettale  

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trade can have a good and a bad. There is a currencey in money. If the product is exported from mexico and the us is selling it the dollar becomes worth more. If a man is on vacation in mexico and buys water for 20 paceo he spends 4 american dollers. If a woman is buying a tshirt for 25 dollars she will pay 300 paceos. If the currency for money is better for Mexico the lady would spend 200 paceos and the man would spend 20 dollars. The presdent of china buys american dollers for the currency "The united states is the worlds largest importer "-(crash corse ecinomics). If a tv is imported from another countrie its less money than a tv made in America. If you buy the tv from another country its less because the import and the makers dont get paied as well so its less money for you to pay. We dont pay as much if its made somewere else thats why America dosnt make stuff.

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Imports,Exports,and Exchange rates: Crash Course Economics By Owen Glen

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Imports,Exports,and Exchange rates: Crash Course Economics By Owen Glen

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This is about the importance of global trade. As you know, many things we buy or sell aren't made in the United States. This is the importance of trade. Sure, we can produce things like clothing here, but we produce things we are good at producing. Then we trade with a country like China, after all "we can get then cheaper then if we made them here." We save money by trading with countries that are better at producing goods than us.  It does not make sense to make everything on our own. By trading with other countries,we can get on the line of most effeiciently producing materials.

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The Importance of Trade By: Avery Wise P.1

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The Importance of Trade By: Avery Wise P.1

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It is rare that civilization can generate just enough of everything that the people need to survive on. But trade is the key to the success of civilization. They can trade by trading one good for another good, one good for money, one good for a service, etc.     They trade because they ether don't have plenty of a good or they have way to much of that good. Just because you trade money for books does not mean you have to much money or not enough books it just means you want the books  and to get them you need to trade money for them.   What is something they have to much of?  Is it grain, wheat, rice or something else? Well, if they have to much then they probably started out with a lot to begin with or they traded and and got more than they expected to get. It could have also been the population of the area dropped when the things came in when they traded or when crops where planted.  What to do  with it? What they should do with depends on the goal at that point. They could also save it, sell it, exchange it, or give it away. If they exchange it then they will want something in exchange. The simplest level is to trade. IF the trade is not perfect then they try to work out an agreement. That is why trade is so important.

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Imports, Exports and Exchange Rates by: Bryce Meacham P.1

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Imports, Exports and Exchange Rates by: Bryce Meacham P.1

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When a country produces goods and sends them out to other countries that is called exports. When for example the United States buys the exports and brings them into there own country that is called Imports. The definition of Import is "bring (goods or services) into a country from abroad for sale." Google https://goo.gl/iuQvPG. The definition of exports is to "send (goods or services) to another country for sale." Google https://goo.gl/cT8hwb. When a country exports more than another imports that is called trade deficit. Trade deficit is "the amount by which the cost of a country's imports exceeds the value of its exports." Google https://goo.gl/1zbnfl.

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 The Importance of Trade by Katie Alonzo p.1

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 The Importance of Trade by Katie Alonzo p.1

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Trade is the exchange of goods and services..An example would be like if the U.S wants bananas from Brazil and Brazil wants something from us.Then, the U.S would trade that something that Brazil wants for the bananas the U.S wants. "Usually, people trade things that they have too much of, or for things they don't have enough of."
If the US has a really good amount of something, then they will want to trade, sell or do whatever they can to get something in return for their hard work. But trade is a wonderful way because when you don't have something you need then you can trade what you have a lot of and get something that you have been wanting for a while. Another example would be like if Canada knew that the US was running out of something they had then, Canada would keep producing it so that when the US finally ran out then, the US could rely on Canada for what they need.This is called global trade.Trade in general is very important to civilization today because it holds peace in some countries.Like if the US and China were trading plastic for metal and the US decided to say "hey China, were done trading with you because we found a better deal in Australia." Then, China would get mad at both countries involved and probably bomb us. That's why trading is very important.

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Sustainable Development Goals: Climate Change By: Savina Miller Period 1

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Sustainable Development Goals: Climate Change By: Savina Miller Period 1

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Great point about the animals. Mrs. E
I found this article very interesting. In one sentence it said "climate change is now affecting every country on every continent". I found that the most interesting out of everything. Climate change has grow so much throughout the years. I find it very important for people to understand how big of a problem this is. It's a good thing that people are starting  to realize what is going on in other places in the world. This article  also said ''major institutional change will give a better than even chance that global warming will not exceed". I think that reducing pollution is one of the first major steps that needs to happen. One of the things that was not addressed as much is how animals are being affected. Humans are not the only thing that matters. Climate change affects our animals to.To prevent extinction we have to act on it now. Overall this article  really got me thinking about the environment  around me. I would definitely love to look more into this topic!

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Sustainable Development Goals-Coral Reefs- By Emily Reddy

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Sustainable Development Goals-Coral Reefs- By Emily Reddy

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Because of climate change, the Coral Reef is suffering greatly. Back in 2014 people started to work on helping the Coral Reef, because it is not normally in warmer water it will lead to annual bleaching and slowly it could die. Climate change is a big deal and will cause many problems if not worked on. "If current trends continue and the world fails to reduce greenhouse gas emissions, nearly all of the world’s coral reefs will suffer severe bleaching."  "The UN Environment Program  (UNEP) and partners, which reviewed new climate change projections to predict which corals will be affected first and at what rate." If something is not done then we could lose one of the most beautiful things in the world and that would just be the beginning.

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Sustainable Development Goals: Coral Reefs By: Olivia Larsen P.1

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Sustainable Development Goals: Coral Reefs By: Olivia Larsen P.1

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In this article they are worried that due to climate change the coral reef will start to die. Researchers have found that the coral reef in Taiwan will be one of the first to experience an annual bleaching.  Bleaching happens when the water gets too warm and it turns the coral white. Between 2014 and 2016 the world had the longest global bleaching record. This was the Great Barrier Reef with 90% bleached and 20% killed. Studies say "Without the required minimum of five years to regenerate, the annual occurrences will have a deadly effect on the corals and disrupt the ecosystems which they support."  Projections show us where we can still act and where it is too late. The  solution of this problem is passing the Paris Agreement which "calls on countries to combat climate change and limit global temperature rise to below 2 degrees Celsius, the corals would have another 11 years to adapt to the warming seas." I think we need to do our best to help the coral reef because a lot of them are bleaching and some of them are dying.

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Sustainable Developing Goals: Coral Reefs By:Hannah McGee

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Sustainable Developing Goals: Coral Reefs By:Hannah McGee

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"world fails to reduce greenhouse gas emissions, nearly all of the world’s coral reefs will suffer severe bleaching – the gravest threat to one of the Earth’s most important ecosystems."A study founded by the UN Environment Program (UNEP) have figured out that climate change is going to affect the coral reefs first.  Researchers have figured out that Taiwan and the Turks and Caicos archipelago are going to be the first few places where the reefs are going to be affected by the annual bleaching, then reefs off the coast of Bahrain, in Chile and in French Polynesia. "Calling the predictions “a treasure trove” for environmentalists, the head of the UN agency, Erik Solheim said the projects allow conservationists and governments to prioritize the protection reef protection." "The projections show us where we still have time to act before it’s too late,” Mr. Solheim said. The corals one average need five years to regenerate to a healthy state. If the corals don't get the minimum of five years to regrow, "the annual occurrences will have a deadly effect on the corals and disrupt the ecosystems which they support." This will end up affecting more then just the reefs it's affecting there ecosystems, it is basically just starting a chain of stuff dying. If governments decide to act on emission and reduce the pledges made in the Paris Agreement this may give the coral another 11 years to adapt to the warming seas.

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The Importance of Trade: By Jack Heisinger P1

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The Importance of Trade: By Jack Heisinger P1

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The importance of trade is to trade with other people for different things. Trade happens almost everyday. It helps people survive. Trade has big impact on civilization. Trade happens sometime if people have to much of one product. People trade all sorts of stuff like food and drinks. You can also trade money for a good. For example people can trade from one country to another. The U.S. tades with China to get different goods.

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Sustainable Developing Goals: Coral Reefs by Grace Maloney

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Sustainable Developing Goals: Coral Reefs by Grace Maloney

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If current trends continue nearly all of the worlds coral reefs will suffer severe bleaching and one of the worlds most important ecosystems will be ruined.Taiwan, the Turks and the Caicos archipeligo were the first coral reefs to be bleached. "Between 2014 and 2016, the world witnessed the longest global bleaching event recorded." Erik Solhelm the head of the UN agency called the predictions "a treasure trove" and said “The projections show us where we still have time to act before it’s too late,”. This could have a deadly effect on the coral reef, and effecting the ecosystem they support.

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Climate change will lead to annual coral bleaching By Emma Rudy

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Climate change will lead to annual coral bleaching By Emma Rudy

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"If current trends continue and the world fails to reduce greenhouse gas emissions, nearly all of the worlds coral reefs will suffer sever bleaching." Taiwan, the Turks, and the Archipelago will be the first to experience annual bleaching. It will take five years to regenerate the coral reef.If government acts on emission, the countries will combat climate change and limit global temperature to rise to below 2 degrees Celsius, the corals would have another 11 years to adapt to the warming seas. Bleaching started in 2014 and 20% of the coral reef is dead.

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How to Explain Foreign Currency to Kids By:Nicole VanderHeiden P.1

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How to Explain Foreign Currency to Kids By:Nicole VanderHeiden P.1

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"Over the holidays we had very dear family friends visit us from abroad.  They gave our kids money instead of gifts.  Our children were so excited and didn’t realize that they got Euros instead of Canadian dollar bills. All they talked about was the toys they will buy." Says Dinarii a writer on December 30,2013. Dinarii had to explain to his kids that they didn't have Canadian dollar bills. He had to explain that different countries use different currency. Sometimes countries may use the same currency as each other. Money can be worth more or less than other currencies due to the the exchange rate. Exchange rate means the value of one currency for the purpose of conversions to another. That is what i learned about when reading the article.

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Sustainable Development Goals: Climate Change by Paige Carlson

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Sustainable Development Goals: Climate Change by Paige Carlson

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"Climate Change is now affecting every country on every continent." There are many problems with climate change like, rising sea levels and extreme weather problems. This article told me about how our greenhouse gases from the human activity is just making climate change worse. They taught us about how we could help climate change and how we are making it worse.  One way that we could make climate change and the world better is using renewable gas and recycling.There are people that are trying to find solutions to climate change but they could use help from us. "They are now at their highest levels in history."

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Sustainable Development Goals-Education by: Owen Fernstrum

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Sustainable Development Goals-Education by: Owen Fernstrum

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Education is important everyone deserves the privilege of having education. Most developing countries don't have a good system for education but the U.S. has a great school system. "103 million youth worldwide lack basic literacy skills, and more than sixty per cent are women." The UN are attempting to go into the less fortunate countries and build schools for those children to get an equal education.

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Sustainable Development Goals: Coral Reefs   By: Kara Houghton

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Sustainable Development Goals: Coral Reefs   By: Kara Houghton

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"The projections show us where we still have time to act before it's too late," Mr.Solheim said. If the greenhouse gas emissions continue we may not have any coral reefs left. The reefs will start to undergo annual bleaching starting in 2014. But if we don't give the reefs time to recover,the regular occurrences will have an affect on the reefs but also the creatures within them. But if the Governments reduce the climate change and limit global temperature rise,to below 2 degrees Celsius. It would give the reefs time to adapt to the warming seas. It would give them 11 years. Between 2014 to 2016 the world had recorded the longest global bleaching event ever.90 percent of the Great Barrier reef was bleached, and 20 percent of the reef is gone. In conclusion,we need to pay more attention to these reefs that are dyeing from greenhouse gas emissions,and bleach. We need to give them more time to adapt so we don't ruin anymore reefs or ecosystems.

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The importance of trade is to trade things you have to much of for something you have little of or even if you have little food and metal, you will trade the little metal you have for the food, this is because the food is more important then the metal.

"Usually, people or civilizations trade things that they have too much of for things that they don't have enough of".

If your civilization plants a lot of grain but not so much rice and your people like to eat both, you can give some grain to the rice-growers, get some rice from them, and eat both.

If a place has good conditions to grow food like the U.S.A. The U.S.A will start to grow food, but have no metal,  and China has metal but no food, the U.S.A will grow that food because they live in good conditions to grow it and they  know China needs food for metal, so the U.S.A will  start to grow  food even if they don't need it, this is so they can trade it for metal.
This is known as Specialization.

To get more for a trade, some places like the U.S.A  will keep oil in stock because they know that China is very close to ruining out, so when China dose run out the U.S.A will be there with the oil, but they will ask for more in  exchange for that oil because the U.S.A knows they need it, so China is more willing to pay more for the oil because of a low supply, this is even more true if China was at war and has no oil, they will pay way more because of the desperate times.

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Foreign Currency Exchange By Olivia Chavez

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Foreign Currency Exchange By Olivia Chavez

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Currency is different depending on where you're from. You have to use the type of the country's currency that you're in. One dollar in america could be worth more in a different country. "Currency is money (Coins and/or paper) that is used as a medium to exchange or trade." Foreign currency exchange rate is when you go to a different country and trade your money with a currency exchange dealer. For every dollar, they give you a certain amount of the country you're in's money. Once they give you the money you need, you can buy whatever you want with the money you have! In Japan, one dollar= 115 yens! You could buy an ice cream in japan and it could cost 345 yens, but just three dollars in america.

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If we don't do something about climate change we will have no more coral reefs! The projections show us where we still have time to act before it’s too late,” Mr. Solheim said. So we can still save the coral reefs there is still hope! In 2014 to 2016 over 20% of the grate barrie reef was killed! We need to do something about climate change and fast!

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sustainable Developing Goals:Coral Reef  by Mallory Strnad P.1

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sustainable Developing Goals:Coral Reef  by Mallory Strnad P.1

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Between 2014 and 2016 the coral reefs has been "suffering severe bleaching."  Mr.Solheim says "The projections show us where we still have time to act before its too late." Studies show that this all happened in 2014 and it has deadly effect on the coral reefs, if we don't give the coral reefs time to recover then some fish may die from not getting the resources they need from the coral which will lower the population of the fish and it will effect us because some people only eat fish or other kinds of seafood and if the population goes down then our population might go down too.

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Sustainable Development Goals: Coral Reefs By: Isaac Plehn

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Sustainable Development Goals: Coral Reefs By: Isaac Plehn

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Climate change has affected many things around the world one huge problem is, most of the reefs all over the world are on the edge of dieing because of coral bleach. What is coral bleach? Coral bleach is when water is too warm, corals will kill the algae living in their tissues causing the coral to turn completely white. But when a coral bleaches, it is not dead. Corals can survive a bleaching event but when they survive they are under more stress. In 2005, the U.S lost half of its coral reefs in the Caribbean in one year due to a massive bleaching event. So obviously it depends either how healthy the reef is. So any reefs especially are biggest reef the Great Barrier Reef are in dangered. But this is not bad this gives the reefs a chance to survive. Between 2014 and 2016, the world witnessed the longest global bleaching recorded. But the bleaching left 90 per cent of it bleached and 20 per cent of the reef’s coral killed. But these projects allow conservationists and governments to protect the coral reef. “The projections show us where we still have time to act before it’s too late,” Mr. Solheim said. If we don't act now our greatest coral reefs possibly will die. Think of all the other millions of people who haven't got a chance to see the great reef. It would be sad too loose such a beautiful reef in this world. Lets all act now and save our Great Barrier reef.

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Sustainable Development Goals: Coral Reefs by Tobias Hyer

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Sustainable Development Goals: Coral Reefs by Tobias Hyer

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The article I just read was a fascinating one.This article talked about climate change. It didn't just talk about climate change, it talked about how climate change will effect the oceans coral reefs.According to the article  it says that "nearly all of the world’s coral reefs will suffer severe bleaching." And guess who is doing that, yup you guessed it climate change. This has already started to take its deadly toll on reefs. The UN Environment Programme has had projections that it had already started in 2014 and that it would be annually. Between 2014 and 2016 the Great Barrier Reef had suffered the bleaching of climate change. This resulted in 90 percent of it being bleached and 20 percent of it killed. There is still hope though.The head of the UN Environment Programme, Erik Solheim said "The projections show us where we still have time to act before it’s too late." Also if the governments act on emission reduction pledges made in the Pairs Agreement ; that says to fight climate change and limit Earths temperature. The effect will help the corals to adapt to the hotter water.This article is very inspiring to me because it shows what people will do to keep the coral reefs safe.

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Supply and demand is the amount of  commodity, product or service available , and the desire of buyers for it, considered as factors regulating its price.
For normal good and markets there are four laws that determine the change in market they are "If the demand increases, and the supply remains the same, there will be a shortage. This will mean the price will increase. If the demand decreases, and the supply remains the same, there will be a surplus. This will mean the price will go down.If the supply increases, and the demand remains the same, there will be a surplus, and the price will go down.If the supply decreases, and the demand remains the same, there will be a shortage, and the price will increase.'These help the market stay in check and get as much money back as they spent.
When there are more of a product the price decreases because most people don't want too pay a lot for a common item.Compared too people wanting too pay more for a less common item.
Some examples of a common item would be bread, tissues, etc.
Some examples of a non common item would be a kind of shoe, or a specific hat you want were its only at one or two stores.

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Imports/Exports. Buy Cole McLean (See what I did there) Yes, I see what you did there!

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Imports/Exports. Buy Cole McLean (See what I did there) Yes, I see what you did there!

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Did you know most people think china is where we get most of our imports but actually its Canada they are our number one exporter to us. First thing first "what is importing?" Importing is when a country or state takes in a good from a different state or country. Exporting is when your state or country sends out goods to other states or countries. Importing goods from different places is why we have clothes and electronics now you must be thinking "Why don't we make clothes or electronics?" The reason we don't do that is because we can buy it cheaper. An example of this is if we buy some clothes in Bangladesh we can get those clothes for $10 and if we made the same clothes it would cost us $20 so we would import all the clothes from Bangladesh and it would cost us less money then to make it. We do the same thing when we export we send out our goods at a cheaper price then the other state that wants to import these goods. The U.S is the second largest exporter. Imports also like the worlds economy. One day I go to Mexico for a vacation but I have to exchange currency from the U.S dollar to the peso and the market says that $1 is equal to 30 pesos and I want to buy some sunscreen and it cost 60 pesos that will cost $2 of sunscreen and at the same time a Mexican tourist wants to buy a t-shirt which is $2 they would have to pay 120 pesos. That's the same thing for importing and exporting! If the U.S exchange rate is high then we import more and if the exchange rate is low we export! "When the U.S imports more products from Mexico they exchange dollars for pesos this will increase the demand for pesos and the peso will appreciate. At the same time the dollar will depreciate! (All made from this video) https://www.youtube.com/watch?v=geoe-6NBy10

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How to Explain Foreign Currency to Kids | Financial Education Academy

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How to Explain Foreign Currency to Kids | Financial Education Academy

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Did you know:

A single year of primary school increases wages earned later by five to 15 per cent for boys and even more for girls.

For each additional year of secondary school, an individual's wages increase by 15 to 25 per cent.

No country has ever achieved continuous and rapid economic growth without first having at least 40 per cent of its adults able to read and write.

A child born to a literate mother is 50 per cent more likely to survive pass the age of five.

These stats show why education is perhaps the most effective strategy to tackle poverty and is integrally linked to human, community and national development.

When people have basic life and literacy skills, economies grow more quickly and poverty rates decline. Children who have the opportunity to learn are able to eventually earn more money and support their own families.

And, feeding a young mind is literally true. Hunger keeps children out of school and limits their ability to concentrate once there. Conversely, CFTC has seen firsthand that a school breakfast or lunch program will be an important incentive to attract children to attend school.

The link between the level of primary education attained and a family's overall level of food security is especially strong for the rural poor. Education allows farmers to make use of new farming techniques and technologies. A World Bank study found that farmers with a minimum of four years of primary education were able to increase their productivity by an average of almost nine per cent.

When you feed a child, you make it possible for her to learn. And when you make it possible for her to learn, you make it possible for her to feed herself and her family for years to come.

Education quite simply creates sustainable change for children, for families, for communities - for entire countries.

There are still, however, far too many barriers to education for children in impoverished nations, especially for girls. And, even when children do attend school, they often struggle to learn in large class sizes, from untrained and poorly or unpaid teachers and using outdated learning materials.

Poor quality education leads to low motivation to stay in school and many children drop out. In sub-Saharan Africa, one in three children who start school does not complete even basic primary school, let alone progress to secondary school.

That is why it is so important - and why CFTC and its partners place such great emphasis - on supporting children at every stage of the educational journey. Investing in the cycle of education, pictured below, is one of the most effective ways to break the cycle of poverty. Even simple things - like a school uniform or offering breakfast in schools - can be enough to increase a community's overall educational retention and graduation rates.

Child sponsorship and education gifts through the Best.Gift.Ever are just two ways to give children, women and entire communities the gift of education and the tools they need to reach their full potential.

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Breaking the cycle of poverty with education | Canadian Feed The Children

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A single year of primary school increases wages earned later by five to 15 per cent for boys and even more for girls. For each additional year of secondary school, an individual's wages increase by 15 to 25 per cent.

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Imports, Exports, and Exchange Rates: Crash Course Economics

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Imports, Exports, and Exchange Rates: Crash Course Economics

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You will need headphones for this.

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Imports, Exports, and Exchange Rates: Crash Course Economics #15

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What is a trade deficit? Well, it all has to do with imports and exports and, well, trade. This week Jacob and Adriene walk you through the basics of imports, exports, and exchange. So, you remember the specialization and trade thing, right? So, that leads to imports and exports.

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What exactly is the cost of money? What are the fundamentals of exchanging dollars for other currency? We'll explore these questions, plus give tips for money-changing travelers.

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European Commission - European Commission

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Economic and financial affairs website - Notice to users

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The website of the Directorate General for Economic and Financial Affairs is now closed.

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Kids.Net.Au - Encyclopedia > International trade

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Kids.Net.Au - Encyclopedia > International trade

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You will need headphones to view this video.

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The Importance of Trade Part 1: Too Much or Too Little?

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Trade is vital to the success of a civilization. Here's why.

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This is an online game. You need headphones

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Browse the site. Watch the videos. Explore the links.

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On 16th December 2018 SDG Advocate Her Highness Sheikha Moza bint Nasser, Founder and Chairperson of Education Above All Foundation met with the UN Secretary-General Antonio Guterres and UNICEF Executive Director, Henrietta Fore and [...]

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Obtaining a quality education is the foundation to creating sustainable development.

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Sustainable Development Goals: Climate Change

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Sustainable Development Goals: Climate Change

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Browse the site. Watch the videos. Explore the links.

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Sustainable Development Goals: Ending Poverty

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Sustainable Development Goals: Ending Poverty

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Browse the site. Watch the videos. Explore the links.

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Goal 1: End poverty in all its forms everywhere

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Globally, the number of people living in extreme poverty declined from 36 per cent in 1990 to 10 per cent in 2015. But the pace of change is decelerating and the COVID-19 crisis risks reversing decades of progress

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Sustainable Development Goals: Coral Reefs

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Sustainable Development Goals: Coral Reefs

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Browse the site. Watch the videos. Explore the links.

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If current trends continue and the world fails to reduce greenhouse gas emissions, nearly all of the world's coral reefs will suffer severe bleaching - the gravest threat to one of the Earth's most important ecosystems - on annual basis, the United Nations environment agency today reported.

The finding is part of a study funded by the UN Environment Programme ( UNEP) and partners, which reviewed new climate change projections to predict which corals will be affected first and at what rate. The report is published in the journal Nature Scientific Reports .

Researchers found that the reefs in Taiwan and the Turks and Caicos archipelago will be among the first to experience annual bleaching, followed by reefs off the coast of Bahrain, in Chile and in French Polynesia.

Calling the predictions "a treasure trove" for environmentalists, the head of the UN agency, Erik Solheim said the projects allow conservationists and governments to prioritize the protection reef protection.

"The projections show us where we still have time to act before it's too late," Mr. Solheim said.

On average, the reefs will start to undergo annual bleaching starting in 2014, according to the study. Without the required minimum of five years to regenerate, the annual occurrences will have a deadly effect on the corals and disrupt the ecosystems which they support.

However, if Governments act on emission reduction pledges made in the Paris Agreement, which calls on countries to combat climate change and limit global temperature rise to below 2 degrees Celsius, the corals would have another 11 years to adapt to the warming seas.

Between 2014 and 2016, the world witnessed the longest global bleaching event recorded. Among the casualties was the Great Barrier Reef, with 90 per cent of it bleached and 20 per cent of the reef's coral killed.

Via UN News Centre

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Climate change will lead to annual coral bleaching

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If current trends continue and the world fails to reduce greenhouse gas emissions, nearly all of the world's coral reefs will suffer severe bleaching - the gravest threat to one of the Earth's most important ecosystems - on annual basis, the United Nations environment agency today reported.

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Supply and demand Facts for Kids | KidzSearch.com

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Supply and demand is a model of microeconomics. It describes how a price is formed in a market economy. There are two determining factors on such a market, the number of things made available, called supply, and the number of things consumers want, called demand.

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Kids learn about supply and demand a basic principal of the free market economy including how to graph them and the impact of changes on either.

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Browse around the site and check out some of the activities.