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In this episode of Crash Course Economics, Adriene Hill and Jacob Clifford discuss international trade and its significance to the global and US economies. They highlight that international trade involves the exchange of goods and services between countries, using the example of Brazil exporting to the US. The United States is identified as the world's largest importer, with over two trillion dollars in imports in 2014, including oil, cars, and clothing. The episode emphasizes the prevalence of products made in China in American stores and raises questions about who benefits from this trade and the implications for the economy.