Imports and exports
I can use import and export data to investigate global trade in commodities and manufactured goods.
- Year 6
Imports and exports
I can use import and export data to investigate global trade in commodities and manufactured goods.
Lesson details
Key learning points
- Global trade involves exporting goods from one country and importing them into other countries.
- Commodities are raw materials which can be bought and sold.
- Manufactured goods are things which have been made out of raw materials.
- Import and export data can be used to show the types and amounts of things different countries import and export.
Keywords
Imported - Goods and services that are imported are brought in from another country.
Exported - Goods and services that are exported are sold to another country.
Commodities - Commodities are raw materials that are grown or dug out of the ground.
Manufactured - Something that is manufactured is made by humans, not nature, usually in large quantities for selling.
Data - Data is a collection of information that can be analysed to help us answer a question.
Common misconception
the difference between exports and imports.
Exports are selling good and services to another country and imports are bringing good and services into a country from another one.