Economics – 4/26/2016

I.  Bellwork

• Use various resources to cite two benefits from free trade policies.
• Use various resources to cite two benefits from protectionist policies.
• Identify whether you are a proponent of free trade or a protectionist.  Argue your stance with support and examples. – 1 paragraph

II.  Objective

• Assess the impact of trade policies on domestic activity and world trade.
• Examine the role trade organizations play in the globalized economy.
• Create a claim with support and reasoning.

III.  Finishing 16-2 Trade Restrictions Discussion

• The Truth Behind the WTO?
•  GATT & WTO
• Trade Justice

IV.  Classwork

A.  China is to enforce duties Q&A

1. What are some of the underlying reasons behind the tariff on U.S. chickens?
2. How has the Chinese poultry industry been impacted by U.S. imports?
3. What type of tariffs will the U.S. chicken companies be forced to pay?
4. Why is the U.S. concerned about China’s currency?
5. What do you believe will be the future consequences with trade between with these countries?

B.  P. 454 #2

V.  Chapter 16 iLearn Quiz –Tonight- Thursday @ 10:30 pm

Economics W2016