Tuesday, December 6th, 2005

International Trade


Students shall be able to

  1. analyze the locations of resources and evaluate the significance of those locations,

  2. explain the concepts of absolute and comparative advantage,

  3. apply the concept of comparative advantage to explain why and how countries trade,

  4. analyze the impact of U.S. imports and exports on the United States and its trading partners,

  5. define various types of trade barriers,

  6. compare the effects of free trade and trade barriers on economic activities,

  7. understand arguments in favor of protectionism, and

  8. evaluate the benefits and costs of participation in international trade agreements.



  1. Students shall watch "Economics USA: International Trade."


  1. Watch "Economics USA: International Trade."

  2. Answer these questions. [Word file or PDF file]


Monitor and adjust as necessary. Check student work in the notebook.

TEKS involved: 5B, 9A, 12A, 12B, 13A, 13B, 13C, 14A, 14B, 19A, 22A, 23A, 23F, 24C, 24D.