Goods
Panama Canal
vocab
(Blank)
100

The export of Guatemala 

Bannanas

100

true or false

ships must pay a toll to use the canall

  • true

  • Ships must pay a toll to use the canal

100

A good or service produced in one country and sold to buyers or businesses in another country. This results in an influx of funds to the selling country and is a fundamental part of international trade.

Export

200

The export of Mexico

Vehicle Engines

200

The Panama Canal is important for Global Trade:

2 things

  1. Saves 5 months of transport time 

  2. Saves money on fuel and workers making prices lower for consumers
200

A good or service purchased from a foreign country and brought into a country's domestic market. Countries import items they cannot efficiently produce themselves to meet domestic demand.

Import

300
The export of Costa Rica

surgical instruments

300

Container Ships pay between            and           to pass through

Container Ships pay between $60,000 and $300,000 to pass through

300

The commercial transaction or exchange of goods and services between parties, either domestically (within a single country) or internationally (between countries). International trade forms the foundation of the global market.

Trade

400

The exports of Honduras and Nicaragua

coffee and gold

400

the......built canal and controlled it for......years

U.S. built canal and controlled it for 96 years

400

A location, typically a seaport, airport, or land border crossing point, where merchandise officially enters or exits a country and where customs clearance procedures are conducted. Ports are crucial hubs in global supply chains.

Port
500

The exports of Panama, Belize, and El Salvador

petrolium, sugar, and t-shirts 

500

Human made shortcut that connects...........and .........Oceans for shipping

Human made shortcut that connects Pacific and Atlantic Oceans for shipping

500

The process of planning, implementing, and controlling the flow of goods and services from the point of origin to the final consumer. This involves a network that includes functions like warehousing, inventory management, packaging, and transportation to ensure efficient delivery and market coverage.

Distribution

500

What are some things that Central America exports to other countries around the world

Central American countries export crops like bananas, coffee, and sugar to other countries around the world.