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by Foundation for Economic Education

1. Would you trade with someone if you thought the item you are trading for is worth less to you than the item you currently have? What if you thought the items had the exact equal value?

2. How does trade create wealth, even if no additional goods are produced?

EoE: 4.3.B - Trade is Made of Win

How does trading make people better off? Economics Professor Art Carden explains in this quick lesson on one of the most important concepts in Economics 101. This video is included as part of a 40-lesson course on the Economics of Entrepreneurship available now for teachers and students at no charge at FEE.org/Courses.

from "Trade Is Made of Win,” Part 1: Wealth Creation (2016)
Creator: Learn Liberty
Posted by Foundation for Economic Education
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