Title: Examine the nature of global markets.
Course: Fashion Marketing, Advanced (12153-II) > Section: Analyzing Economics

Examination should identify the concept of

- imports and exports
- trade deficits
- trade barriers
- trade organizations
- the benefits of global markets in the fashion industry
- methods for achieving a balance of trade.

Process/Skill Questions:

- Why is international trade important to the global economy?
- What contributions does the United States make to the global fashion market?
- What are the barriers to trade?
- What is the purpose of the World Trade Organization (WTO)?