AP Macro Unit 5 Summary

Exports and Imports1. US sells cars to Mexico2. Mexico buys tractors from Canada3. Canada sells syrup t the U.S.4. Japan buys Fireworks from MexicoFor all these transactions, there aredifferent national currencies.Each country must be paid in their owncurrencyThe buyer (importer) must exchange theircurrency for that of the sellers(exporter).