Trade is the global transaction of goods. This transaction is by two factors, import and export. Import is when a country buys products or materials from another country and brings them into their own country. Export is when a country sells goods to another country and they are moved out of the country. There are three kinds of goods: primary (raw materials such as iron ore or sugar cane), secondary (manufactured goods such as steel or computers) and tertiary (services such as financial advice or house keeping). Development is the advance or improvement of a country; socially, economically or technologically. Countries around the world are at different stages of development. A MEDC (More Economically Developed Country) is a richer country then a LEDC (Less Economically Developed Country).

To find out which a country is, various measurements are taken by the UN (United Nations is a world organization set...