| 1999 Import/Export List | Class Import Data | Vocabulary |
Import - Items brought from another country because
your country cannot produce the item or it is cheaper somewhere else
Export - Items sent to another country
Specialization - when a country gets very good at producing
a few itemsTariffs - a tax on imports for one of two reasons
a)lower the amount of imports
b)raise money
Currency - exchange rates varies all the time
If U.S. Dollar is strong - imports cost less
If U.S. Dollar is weak - imports cost more
Year 2000 United States - 284 China - 121 Japan - 56 Mexico - 34 Taiwan - 20 Thailand - 19 Korea - 12 Italy - 11 Canada - 8 Bangladesh - 8 |
Year 2001 United States - 455 China - 189 Japan - 57 Mexico- 56 Taiwan - 51 Thailand - 17 Indonesia- 14 Malaysia - 14 Canada - 14 Korea - 13 |
Top Trade Partners(actual
national figures) |