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In this episode of Crash Course Economics, hosts Adriene Hill and Jacob Clifford explore the concept of international trade. They emphasize its importance as a fundamental component of the global economy, illustrated through the example of goods produced in one country, like Brazil, and sold in another, such as the US. The US, identified as the world's largest importer, purchased over two trillion dollars' worth of goods in 2014, including oil, cars, and clothing from various countries. The discussion highlights the extensive reliance on imports, particularly from China, raising questions about the benefits and responsibilities associated with this trade.
