Why Nations Trade

While not an exhaustive review of globalization and trade, this overview of the inter-related nature of the economy would be a good tool to use in the classroom. This resource could be used to begin a discussion on the various topics...

How did the Dutch East India Company flourish while other trade companies floundered? Learn more about the ways that the Vereenigde Oostindische Compagnie, or the VOC, used interest rates, monopolization, and violence to maintain their...

Economic principles and world history are beautifully woven together in this history presentation on medieval Indian Ocean trading. The narrator discusses the unprecedented self-regulation executed by merchants along the Indian Ocean...

What was the the Silk Road and how did it radically expand the scope of trade? What was the value of silk, and how did connections between merchants reshape lives in Africa and Eurasia? Find out by watching this historic episode!

Sal reviews the hypothetical global trade scenario from the last video in detail for about the first six minutes, changing a few numbers to make for a cleaner example. He continues the scenario to demonstrate how the natural ups and...

Do companies work better when everyone works on everything, or when each person or department focuses on one specialized task? Explore the benefits of specialization and trade in the modern global economy with a explanatory video.

Adam Smith contended that people are inherently drawn to creating a medium of exchange to make barter easier. A Crash Course World History video takes high schoolers through the creation and implementation of currency, and asks them...

Several graphs help to illustrate the dynamics of international trade in this slideshow. World prices, imports and exports, and the economic impact of tariffs are detailed in the presentation, along with arguments for free trade and the...

Young analysists explore how global trade and free market policies might personally affect them. They read an article, view a series of documenteries, and engage in a class discussion. Great lesson plan!

"It's the reason we have a thriving global market place, offering us the infinite variety of things, and it's the reason we can move cargoes from remote parts of the world at minimal cost." Learn about how small-town truck driver Malcom...