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Georgia standard · Social Studies

`SS7E8`Voluntary Trade Benefits

Explain how voluntary trade benefits buyers and sellers in Southern and Eastern Asia.

Appears in: Social Studies, Grade 7

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Expectations

SS7E8.a
Explain how specialization encourages trade between countries.
SS7E8.b
Compare and contrast different types of trade barriers, such as tariffs, quotas, and embargoes.
SS7E8.c
Explain why international trade requires a system for exchanging currencies between nations.

Georgia Milestones coverage

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