Students will be able to:
- Understand the advantages of trade and why countries participate in it.
- Analyze the concept of comparative advantage to better understand the benefits of trade.
- Apply their understanding of trade in an interactive market trading game that illustrates how voluntary trade benefits both parties.
- An expired or no value gift card per student
In this economics lesson, students will analyze data to learn if jobs have increased or decreased since NAFTA was implemented.
Key Concepts: Barriers to Trade, Benefits of Trade
In this economics lesson, students will explore how nations trade by importing and exporting goods and services.
Key Concepts: Benefits of Trade, Comparative Advantage
In this economics lesson, students will compute exchange rates to learn their impact on international trade.
Key Concepts: Markets and Prices, Trade, Exchange and Interdependence
In this economics lesson, students will learn about the history of money and its 5 characteristics.
Key Concepts: Money, Trade, Exchange and Interdependence