A very brief introduction of foreign trade when America was KING. How times have changed! Henry Kissinger and Nixon pushed hard to get into China, and the result is America going out of business in favor of world Socialism/Communism. In Singapore, if anyone is caught organizing a Union, he will have his head cut off in a guillotine! Total "free trade" will never exist because of sovereign protectionism. Look at Bubba Clinton's NAFTA; what did it produce? Perot called it a "Great Sucking Sound", and he was right. This film took a complex subject and only touched the bare edges, and was a disappointment.

The basics of foreign trade, comparative advantage (although the term isn't used) and why
trade is good for everyone. This was probably an easier sell in 1951 when the U.S. accounted for 40% of the world's GDP and we weren't in hock up to our eyeballs to the Chinese and Japanese. Today, it would be hard to convince the folks in, say, Detroit or Pittsburgh that "free trade"
is a dandy idea. Of course, "free trade" only exists in the imaginations of the Wall Street Journal's editorialists and certain Chicago economics professors. In the real world, international trade is always subject to limitations which are, inevitably, political in nature. 'Twill ever be thus....

An actually interesting, though somewhat simplistic overview of how foreign trade works. I really liked the animation going here, very nice and smooth. The narration is fairly straightforward, and gives fairly broad problems with general answers.