![\"Fancy](\"https:\/\/courses.lumenlearning.com\/wmintrobusinessx51xmaster\/wp-content\/uploads\/sites\/135\/2015\/06\/bananas-282319_640.jpg\")
<\/a><\/p>\r\nConsider the humble banana. Even if you are not a big fan of this yellow fruit, you have probably seen them in the grocery store or in a book or magazine. It is fair to say that if you walked through your city with a banana and asked people to identify it, it is unlikely you\u00a0would encounter\u00a0someone who had no idea what it was. Now, find a picture of a banana tree and conduct the same experiment. How many people would recognize it as a banana tree? Probably many, but not all. Why is that? In the United States bananas are grown in Hawaii, and not everyone has been to Hawaii. In fact, most of the bananas in the world are grown in Brazil. Well, if we as Americans love bananas and do not live in Hawaii and can't get to Brazil on a regular basis, then, without global trade, we do not have bananas for our cereal in the morning, for\u00a0a snack during the day\u2014or even worse, no banana splits at the local ice cream parlor. Consider our humble yellow fruit as you read through this next section on the reasons companies and nations engage in global trade.\r\nLEARNING ACTIVITIES<\/h3>\r\nThe learning activities for this section include:\r\n\r\n\t- Video: Chinese Manufacturing for American Products<\/li>\r\n\t
- Video: Why Do Nations Trade?<\/li>\r\n\t
- Reading: The\u00a0Balance of Trade<\/li>\r\n\t
- Self Check: Reasons for Global Trade<\/li>\r\n<\/ul>\r\nTake time to review and reflect on each of these activities in order to improve your performance on the assessment for this section.","rendered":"
What you\u2019ll learn to do:\u00a0explain why companies and nations engage in global trade<\/h2>\n
![\"Fancy](\"https:\/\/courses.lumenlearning.com\/wmintrobusinessx51xmaster\/wp-content\/uploads\/sites\/135\/2015\/06\/bananas-282319_640-300x198.jpg\")
<\/a><\/p>\nConsider the humble banana. Even if you are not a big fan of this yellow fruit, you have probably seen them in the grocery store or in a book or magazine. It is fair to say that if you walked through your city with a banana and asked people to identify it, it is unlikely you\u00a0would encounter\u00a0someone who had no idea what it was. Now, find a picture of a banana tree and conduct the same experiment. How many people would recognize it as a banana tree? Probably many, but not all. Why is that? In the United States bananas are grown in Hawaii, and not everyone has been to Hawaii. In fact, most of the bananas in the world are grown in Brazil. Well, if we as Americans love bananas and do not live in Hawaii and can’t get to Brazil on a regular basis, then, without global trade, we do not have bananas for our cereal in the morning, for\u00a0a snack during the day\u2014or even worse, no banana splits at the local ice cream parlor. Consider our humble yellow fruit as you read through this next section on the reasons companies and nations engage in global trade.<\/p>\n
LEARNING ACTIVITIES<\/h3>\n
The learning activities for this section include:<\/p>\n
\n- Video: Chinese Manufacturing for American Products<\/li>\n
- Video: Why Do Nations Trade?<\/li>\n
- Reading: The\u00a0Balance of Trade<\/li>\n
- Self Check: Reasons for Global Trade<\/li>\n<\/ul>\n
Take time to review and reflect on each of these activities in order to improve your performance on the assessment for this section.<\/p>\n\n\t\t\t \n\t\t\t Candela Citations<\/h3>\n\t\t\t\t\t \n\t\t\t\t\t\t \n\t\t\t\t\t\t\t CC licensed content, Original<\/div>- Authored by<\/strong>: Linda Williams and Lumen Learning. License<\/strong>: CC BY: Attribution<\/a><\/em><\/li><\/ul>CC licensed content, Shared previously<\/div>
- Image of banana desert. Authored by<\/strong>: jarmoluk. Located at<\/strong>: http:\/\/pixabay.com\/en\/bananas-dessert-ice-cream-fruit-282319\/<\/a>. License<\/strong>: CC0: No Rights Reserved<\/a><\/em><\/li><\/ul><\/div>\n\t\t\t\t\t\t <\/div>\n\t\t\t\t\t <\/div>\n\t\t\t <\/section>","protected":false},"author":78,"menu_order":5,"template":"","meta":{"_candela_citation":"[{\"type\":\"original\",\"description\":\"\",\"author\":\"Linda Williams and Lumen Learning\",\"organization\":\"\",\"url\":\"\",\"project\":\"\",\"license\":\"cc-by\",\"license_terms\":\"\"},{\"type\":\"cc\",\"description\":\"Image of banana desert\",\"author\":\"jarmoluk\",\"organization\":\"\",\"url\":\"http:\/\/pixabay.com\/en\/bananas-dessert-ice-cream-fruit-282319\/\",\"project\":\"\",\"license\":\"cc0\",\"license_terms\":\"\"}]","CANDELA_OUTCOMES_GUID":"a3baee58-44fb-4455-9082-2b0327b9ff6a","pb_show_title":"on","pb_short_title":"","pb_subtitle":"","pb_authors":[],"pb_section_license":""},"chapter-type":[],"contributor":[],"license":[],"class_list":["post-255","chapter","type-chapter","status-publish","hentry"],"part":82,"_links":{"self":[{"href":"https:\/\/courses.lumenlearning.com\/wmintrobusinessx51xmaster\/wp-json\/pressbooks\/v2\/chapters\/255","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/courses.lumenlearning.com\/wmintrobusinessx51xmaster\/wp-json\/pressbooks\/v2\/chapters"}],"about":[{"href":"https:\/\/courses.lumenlearning.com\/wmintrobusinessx51xmaster\/wp-json\/wp\/v2\/types\/chapter"}],"author":[{"embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/wmintrobusinessx51xmaster\/wp-json\/wp\/v2\/users\/78"}],"version-history":[{"count":25,"href":"https:\/\/courses.lumenlearning.com\/wmintrobusinessx51xmaster\/wp-json\/pressbooks\/v2\/chapters\/255\/revisions"}],"predecessor-version":[{"id":5411,"href":"https:\/\/courses.lumenlearning.com\/wmintrobusinessx51xmaster\/wp-json\/pressbooks\/v2\/chapters\/255\/revisions\/5411"}],"part":[{"href":"https:\/\/courses.lumenlearning.com\/wmintrobusinessx51xmaster\/wp-json\/pressbooks\/v2\/parts\/82"}],"metadata":[{"href":"https:\/\/courses.lumenlearning.com\/wmintrobusinessx51xmaster\/wp-json\/pressbooks\/v2\/chapters\/255\/metadata\/"}],"wp:attachment":[{"href":"https:\/\/courses.lumenlearning.com\/wmintrobusinessx51xmaster\/wp-json\/wp\/v2\/media?parent=255"}],"wp:term":[{"taxonomy":"chapter-type","embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/wmintrobusinessx51xmaster\/wp-json\/pressbooks\/v2\/chapter-type?post=255"},{"taxonomy":"contributor","embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/wmintrobusinessx51xmaster\/wp-json\/wp\/v2\/contributor?post=255"},{"taxonomy":"license","embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/wmintrobusinessx51xmaster\/wp-json\/wp\/v2\/license?post=255"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
What you\u2019ll learn to do:\u00a0explain why companies and nations engage in global trade<\/h2>\n
Consider the humble banana. Even if you are not a big fan of this yellow fruit, you have probably seen them in the grocery store or in a book or magazine. It is fair to say that if you walked through your city with a banana and asked people to identify it, it is unlikely you\u00a0would encounter\u00a0someone who had no idea what it was. Now, find a picture of a banana tree and conduct the same experiment. How many people would recognize it as a banana tree? Probably many, but not all. Why is that? In the United States bananas are grown in Hawaii, and not everyone has been to Hawaii. In fact, most of the bananas in the world are grown in Brazil. Well, if we as Americans love bananas and do not live in Hawaii and can’t get to Brazil on a regular basis, then, without global trade, we do not have bananas for our cereal in the morning, for\u00a0a snack during the day\u2014or even worse, no banana splits at the local ice cream parlor. Consider our humble yellow fruit as you read through this next section on the reasons companies and nations engage in global trade.<\/p>\n The learning activities for this section include:<\/p>\n Take time to review and reflect on each of these activities in order to improve your performance on the assessment for this section.<\/p>\n\n\t\t\t <\/a><\/p>\nLEARNING ACTIVITIES<\/h3>\n
\n
Candela Citations<\/h3>\n\t\t\t\t\t