International economics Trade and Money International trade analysis focuses primarily on the real transactions in the international economy. These transactions involve a physical movement of goods or a tangible commitment of economic resources Example: The conflict between the United States and Europe over Europe's subsidized ('# exports of agricultural products Copyright C 2003 Pearson Education, Inc Slide 1-8Copyright © 2003 Pearson Education, Inc. Slide 1-8 International Economics: Trade and Money ▪ International trade analysis focuses primarily on the real transactions in the international economy. • These transactions involve a physical movement of goods or a tangible commitment of economic resources. – Example: The conflict between the United States and Europe over Europe’s subsidized （津贴）exports of agricultural products