{"id":12427,"date":"2016-04-21T22:19:05","date_gmt":"2016-04-22T02:19:05","guid":{"rendered":"http:\/\/iblog.dearbornschools.org\/farhoud\/?p=12427"},"modified":"2016-04-21T22:19:05","modified_gmt":"2016-04-22T02:19:05","slug":"economics-4222016","status":"publish","type":"post","link":"https:\/\/iblog.dearbornschools.org\/farhoud\/2016\/04\/21\/economics-4222016\/","title":{"rendered":"Economics &#8211; 4\/22\/2016"},"content":{"rendered":"<p><strong> I.\u00a0 Bellwork:\u00a0\u00a0 <\/strong><\/p>\n<table width=\"671\">\n<tbody>\n<tr>\n<td width=\"118\"><\/td>\n<td width=\"138\"><strong>Country X<\/strong><\/td>\n<td width=\"138\"><strong>Country Y<\/strong><\/td>\n<td width=\"86\"><\/td>\n<td width=\"86\"><\/td>\n<\/tr>\n<tr>\n<td width=\"118\"><strong>Grapefruit<\/strong><\/td>\n<td width=\"138\"><strong>10\/tons<\/strong><\/td>\n<td width=\"138\"><strong>15\/tons<\/strong><\/td>\n<td width=\"86\"><\/td>\n<td width=\"86\"><\/td>\n<\/tr>\n<tr>\n<td width=\"118\"><strong>Olives<\/strong><\/td>\n<td width=\"138\"><strong>40\/tons<\/strong><\/td>\n<td width=\"138\"><strong>30\/tons<\/strong><\/td>\n<td width=\"86\"><\/td>\n<td width=\"86\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>\u00a0 Q&amp;A Explain your answer and show\/compare both mathematical relationships<\/strong><\/p>\n<ol>\n<li>Which country has the absolute advantage in producing grapefruit?<\/li>\n<li>Which country has the absolute advantage in producing olives?<\/li>\n<li>Which country has the comparative advantage in producing grapefruit?<\/li>\n<li>Which country has the comparative advantage in producing olives?<\/li>\n<\/ol>\n<p><strong>II.\u00a0 Objective:<\/strong><\/p>\n<ul>\n<li>Construct a brace map to identify trade restrictions and determine the impact of trade policies on domestic economic activity and world trade.<\/li>\n<li>Compute absolute and comparative advantage based upon production data.<\/li>\n<li>Determine the meaning of words and phrases as they are used in a text<\/li>\n<\/ul>\n<p><strong>III.\u00a0 Review 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> IV.\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> V.\u00a0 Classwork<\/strong><\/p>\n<ul>\n<li>Page 447 Content Vocabulary\u00a0 (11)<\/li>\n<\/ul>\n<p><span style=\"color: #ffffff;\">P 441 Vocab (8) Pg 445 2-8 Q&amp;A<\/span><\/p>\n<p>VI.\u00a0 <strong>Absolute &amp; Comparative Advantage Quiz<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I.\u00a0 Bellwork:\u00a0\u00a0 Country X Country Y Grapefruit 10\/tons 15\/tons Olives 40\/tons 30\/tons \u00a0 Q&amp;A Explain your answer and show\/compare both mathematical relationships Which country has the absolute advantage in producing grapefruit? Which country has the absolute advantage in producing olives? Which country has the comparative advantage in producing grapefruit? Which country has the comparative advantage [&hellip;]<\/p>\n","protected":false},"author":176,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[76],"tags":[],"class_list":["post-12427","post","type-post","status-publish","format-standard","hentry","category-economics-w2016"],"_links":{"self":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/12427","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=12427"}],"version-history":[{"count":0,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/12427\/revisions"}],"wp:attachment":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/media?parent=12427"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/categories?post=12427"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/tags?post=12427"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}