AP Economics – 5/01/19
I. Bellwork
- Page 435 MC 1-5 Q&A & P436 FRQ#2
II. Objectives
- Explain the pros and cons of protectionism
- Illustrate the effects of a tariff and an import quota
III. Section 8 Exam Friday
IV. Barriers to Trade p 437-441
Micro 2.8 Tariffs and Quotas
A. Trade Restrictions
- Tariffs
- Import Quotas
V. Classwork on iLearn in Module 44 folder (Due at before class ends)
- Worksheet 44.1: Comparative Advantage
- Worksheet 44.2: Trade Barriers
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