Economics – 1/07/13

I.  Bellwork: Q&A

  •  List two states and a product each state has an advantage in producing over the other.
  • List two countries and a product each country has an advantage in producing.

II. Objective:

  • Examine how comparative advantages and globalization have led to increasing trade.
  • Analyze the changing relationship between the American economy and the global economy.

III.  16-1 Video & Notes

IV. Absolute & Comparative Advantage Exercises

V.  Classwork

·         P 441 Vocab (8)

·         Pg 445 2-8 Q&A


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