Benefits of trade Teacher Resources

Students work together in groups to determine the benefits of a product. They discuss how their product relates to statements given to them by their teacher. They present their findings to the class.

High schoolers read fables about entrepreneurs who buy grain and turn it into clothing, or resell the grain and use the proceeds to import clothing. They use the fables to determine why people trade, and to analyze costs and benefits of...

Learners discuss the role of trade and a global economy. As a class, they identify the costs and benefits of trade and how it is being questioned in today's society. They discover what is imported to the United States and the role of...

Students examine world trade patterns and discover the role of commodities in trade. While explaining the benefits of trade, they create maps and flowcharts depicting the patterns of goods and people movement. Also, students write...

Students examine the economic benefits, environmental losses and dangers of the shrimp farming industry on the coast of Ecuador. They read a script, role-play people involved in the shrimp business, and write an essay of the pros and cons.

Studnets participate in a trading simulation game in which they experience the effects of trade and how trade can increase wealth.

Students explore the role of government in the economy market. In this economics lesson, students analyze the decision making and how it takes into consideration additional cost, benefits and public awareness of what they are trying to...

Students explore the role of government in the economy market. In this economics lesson plan, students analyze the decision making and how it takes into consideration additional cost, benefits and public awareness of what they are trying...

Eleventh graders examine the events that led to the strained relationship between Cuba and the United States.  In this US History lesson, 11th graders create an illustrated timeline of Cuba-U.S. relations.  Students write an essay...

Students, through lecture and discussion, examine the mechanics of exchange in world markets and then at some of the issues nations face as a result of the international character of trade. They participate in an activity that...

Students examine how he world eats breakfast. In this food choices lesson, students work in groups to list breakfast foods and their ingredients and find goods and consumers on the list. The, students use the Internet to complete a...

High schoolers are able to critically read literature addressing historical data and answer relevant questions. They are able to formulate an opinion and support it using all knowledge documented and learned in this and previous lessons.

Ninth graders explore China's economic system and the future of the system. They define economic terms, research websites to find examples of how China is developing into a mixed economy system and how it competes with the U.S. for...

Learners discuss the definition of scarcity and tradeoffs, and the differences between choice and cost. They create budgets and must provide tradeoffs for some of their choices.

Students review the basic ideas of exchange. In groups, they discover the incentives for trade and participate in a simulation. They are given a packet of stamps which are worth varying monetary amounts. They discover the concepts of...

Students gain a better knowledge that trade is part of everyone's daily life. They summarize that trade happens between people, even when they represent companies or countries. Students analyze how trade makes it possible to buy and...