Monday, May 4, 2009

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. Notes/PowerPoint on M&B chapter 37.

Assignments:

1. Take notes from the presentation about International Trade and Comparative Advantage.

2. Prepare for M&B chapter 37 quiz.

 

ASSESSMENT PROCEDURES

Monitor and adjust to check understanding.