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In this SS 3 Economics video lesson on International Trade, students will learn about the exchange of goods and services between countries, the importance of trade to national development, and the difference between imports and exports.
This video explains:
- The meaning and types of international trade
- The benefits and challenges of trade among nations
- Concepts like balance of trade, balance of payment, trade surplus and deficit
- The role of international organizations like WTO, ECOWAS, and IMF
Perfect for WAEC and NECO preparation, this lesson simplifies complex trade terms and helps students understand how global economies interact.
See also:’
SS 3 Economics Video Lessons | WAEC & NECO Syllabus (TV)