Thursday, April 14 - Friday, April 15, 2011
Understanding International Trade and Comparative Advantage
OBJECTIVES
Students shall be able to
Explain the principle of trade according to comparative advantages.
Compare the costs and benefits of international trade.
ACTIVITIES
Students shall take a quiz on M&B Chapter 6.
Watch "Economics USA: Exchange Rates"
Assignments:
Take a quiz on M&B chapter 6.
Answer questions from "Economics USA: Exchange Rates"
Read M&B chapter 37.
ASSESSMENT PROCEDURES
Monitor and adjust to check understanding.