Economics – 4/21/2016
I. Bellwork: Q&A
- List two states and a product each state has an advantage in producing.
- 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. Chapter 13 Retake Friday 2:25-3:00 (No notes on retake)
- Required – 1 paragraph per section (6 sentences each)
IV. 16-1 Video & Notes
- Episode 34: Comparative Advantage & Trade
- Tree Map on Why Countries Trade?
V. Absolute & Comparative Advantage Exercises
VI. Classwork
- P 441 Vocab (8)
- Pg 445 2-8 Q&A
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