Trade & Terms
To bring products into a country from another country
What is importing?
The three basic things human beings need to survive.
What are food, clothing, and shelter?
The U.S. region where corn is predominantly grown.
What is the Midwest / Great Plains?
To sell products to other countries.
What is exporting?
The primary way non-farmers are connected to agriculture every day.
What is by eating food and using products that come from agriculture?
The region of the United States where chickens are mainly raised.
What is the Southeast?
A raw material that can be bought and sold.
What is a commodity?
The key difference between a main product and a by-product.
What is a product is the primary item made, while a by-product is made as a side result?
A major U.S. state known for its large beef cattle industry and extensive stockyards.
What is Texas ?
A secondary item created during the production of something else.
What is a by-product?
This group receives only a few cents of every dollar spent on food sales due to processing, shipping, and retail costs.
Who are farmers?
Milk and apples are among the top ten commodities produced in this state.
What is New York State
One reason why the United States must import certain agricultural products from other countries.
What is climate restrictions / seasonal availability / crops that can't grow locally (e.g., coffee, bananas)?
Seeds, fertilizer, fuel, labor, equipment, and land costs are all examples of these for a grower.
What are farmer expenses / production costs?
The economic term for when a country exports more goods than it imports, which brings foreign revenue into the nation.
What is a trade surplus (or net positive trade status)?