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Free trade isn't getting something you want without paying for it. High schoolers take a short trip through economics with a video that discussess the ins, outs, and exchanges of international trade.
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CCSS:
Adaptable
Concepts
Additional Tags
Instructional Ideas
- Pair with a previous video in the series that discusses specialization
- Create a role-play scenario in your classroom in which small groups negottiate trade agreements with other groups, and introduce different currency rates for older or advanced learners
Classroom Considerations
- Briefly discusses the working conditions in other countries, with a promise to return to the topic in a future video
- Incorporates a lot of math very quickly when mentioning exchange rates and trade agreements; consider pausing the video to further explain these concepts
- 15th part of a 35-video series
- This video is hosted on YouTube
Pros
- Clears up confusion around common terms used in political and economic news
- Graphics and detailed explanations are both engaging and informative
Cons
- None