Thursday, April 14 - Friday, April 15, 2011

Understanding International Trade and Comparative Advantage

OBJECTIVES 

Students shall be able to

  1. Explain the principle of trade according to comparative advantages.

  2. Compare the costs and benefits of international trade.
     

ACTIVITIES

  1. Students shall take a quiz on M&B Chapter 6.

  2. Watch "Economics USA: Exchange Rates"

Assignments:

  1. Take a quiz on M&B chapter 6.

  2. Answer questions from "Economics USA: Exchange Rates"

  3. Read M&B chapter 37.

 

ASSESSMENT PROCEDURES

Monitor and adjust to check understanding.