Trade
Trade

Lesson Plan on the Theory of Comparative Advantage

This plan takes students step-by-step through the theory of comparative advantage and gives them brief exercises to build comprehension.

Lesson Plan on the U.S. Trade Deficit

Students will learn how to define “trade surplus” and “trade deficit,” recognize important U.S. trading partners and the nature of the goods and services exchanged among them, and understand concerns of different interest groups, both in the United States and in other countries, as they relate to international trade.

Lesson Plan on Why Nations Trade

Students will learn about the differences between exports and imports, decisions made by individuals, corporations, and governments that affect trade, and how international trade affects a nation’s economy.

Lesson Plan on the Trade Deficit in Latin America

This lesson is intended to raise student awareness of the issue of trade balance.The activity applies knowledge gained on the basic equations of the trade balance through a review of current trade issues in Latin America . This lesson plan has links to articles in Spanish and English and can be used with Spanish-speakers. Links will soon be added to relevant articles and sources in English. Mr. Gabriel Leandro, a professor of economics at ULACIT in Costa Rica, adapted this lesson plan.


Lesson Plan on Intellectual Property: Combating Piracy in China

In this lesson plans students, will learn about the trade in counterfeit goods and how globalization is impacting the trade. Students will learn about the global supply chain of illicit and licit goods and how and where illicit trade is conducted. Additionally, students will participate in a mock U.S. Trade Representatives meeting to fight piracy in China.

Trade Agreements

This lesson plan examines what tools are available to policymakers to influence trade amongst other nations. Students will learn key vocabulary associated with trade liberalization and will debate the strengths and limitations of trade agreements. In addition, students will participate in mock NAFTA negotiations.

Labor Rights

In this lesson plan, students will learn about international labor rights. Students will discuss what rights should be guaranteed, why countries have different labor laws, who should enforce these laws and what tools exist to pressure countries to create better labor laws. Students will read an article about sweatshops and debate the article’s premise that there should be more sweatshops, rather than less.

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