{"id":12054,"date":"2016-01-21T22:19:46","date_gmt":"2016-01-22T03:19:46","guid":{"rendered":"http:\/\/iblog.dearbornschools.org\/farhoud\/?p=12054"},"modified":"2016-01-21T22:20:44","modified_gmt":"2016-01-22T03:20:44","slug":"economics-12216","status":"publish","type":"post","link":"https:\/\/iblog.dearbornschools.org\/farhoud\/2016\/01\/21\/economics-12216\/","title":{"rendered":"Economics &#8211; 1\/22\/16"},"content":{"rendered":"<p>I.\u00a0 <strong>Bellwork:<\/strong><\/p>\n<ul>\n<li><a href=\"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-content\/uploads\/sites\/151\/2012\/12\/Trading-Blocks-Primary-and-Secondary-Sources-Workbook.pdf\">Trading Blocks Primary and Secondary Sources Workbook<\/a>\u00a0&#8211;<span style=\"color: #ffffff;\">Separate sheet 1-4 Q&amp;A<\/span><\/li>\n<\/ul>\n<ol>\n<li>Explain the meaning of the quote by Johann Joachim?<\/li>\n<li>Explain what a protectionist would favor and why?<\/li>\n<li>What was the result of the Hawley-Smoot Act? (14)<\/li>\n<li>Would you consider yourself a protectionist or free-trader? Why?<\/li>\n<\/ol>\n<p><strong>II.\u00a0 Objective<\/strong><\/p>\n<ul>\n<li><strong>Explain key principles which are involved in international trade and the impact of globalization. <\/strong><\/li>\n<li>Using a secondary source document discuss the argument for protectionism and free trade and explain their arguments.<\/li>\n<li>Construct a thinking map identifying and explaining trade restrictions<\/li>\n<\/ul>\n<p><strong>III.\u00a0 Exchange Rates and Trade<\/strong><\/p>\n<p>A\u00a0 \u00a0<strong>The Value of a Dollar (Exchange Rates) and Trade<\/strong><\/p>\n<ul>\n<li>\u00a0<a href=\"https:\/\/youtu.be\/xwtgByffoUw\">Exchange Rates<\/a> 3m<\/li>\n<\/ul>\n<p>B.\u00a0 <strong>Examine 16-1<\/strong><\/p>\n<ul>\n<li><strong>Page 444 \u2013 Gains from Trade- Understand the Graph<\/strong><\/li>\n<\/ul>\n<p><strong>C..\u00a0 Discuss 16-2 Barriers to International Trade: pgs. 447-454<\/strong><\/p>\n<ul>\n<li><a href=\"https:\/\/youtu.be\/Y2X3KPilAt0\">Why do countries restrict trade?<\/a><\/li>\n<li><a href=\"https:\/\/youtu.be\/_e2gQxN1OBg\">Types of trade restrictions?<\/a> (Brace Map)<\/li>\n<\/ul>\n<p><strong> IV.\u00a0 Classwork<\/strong><\/p>\n<p>Questions<\/p>\n<ol>\n<li>List 5 ways trade can be restricted. 16-2<\/li>\n<li>List and explain 6 reasons why countries restrict trade. 16-2<\/li>\n<li>Distinguish between a protective and revenue tariff. 16-2<\/li>\n<li>What was the Smoot-Hawley Act and explain its impact? 16-2<\/li>\n<\/ol>\n<p><span style=\"color: #ffffff;\">A.\u00a0 Page 447 Content Vocabulary\u00a0 (11)<\/span><\/p>\n<p><span style=\"color: #ffffff;\"><a style=\"color: #ffffff;\" href=\"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-content\/uploads\/sites\/151\/2011\/01\/Economics-16-2-Guided-Reading-Activities.pdf\">Economics 16-2 Guided Reading Activity<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>I.\u00a0 Bellwork: Trading Blocks Primary and Secondary Sources Workbook\u00a0&#8211;Separate sheet 1-4 Q&amp;A Explain the meaning of the quote by Johann Joachim? Explain what a protectionist would favor and why? What was the result of the Hawley-Smoot Act? (14) Would you consider yourself a protectionist or free-trader? Why? II.\u00a0 Objective Explain key principles which are involved [&hellip;]<\/p>\n","protected":false},"author":176,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[75],"tags":[],"class_list":["post-12054","post","type-post","status-publish","format-standard","hentry","category-economics-f2015"],"_links":{"self":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/12054","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/comments?post=12054"}],"version-history":[{"count":0,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/12054\/revisions"}],"wp:attachment":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/media?parent=12054"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/categories?post=12054"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/tags?post=12054"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}