{"id":7884,"date":"2012-05-30T10:00:27","date_gmt":"2012-05-30T14:00:27","guid":{"rendered":"http:\/\/blog.dearbornschools.org\/farhoua\/?p=7884"},"modified":"2012-05-30T10:00:27","modified_gmt":"2012-05-30T14:00:27","slug":"economics-53012","status":"publish","type":"post","link":"https:\/\/iblog.dearbornschools.org\/farhoud\/2012\/05\/30\/economics-53012\/","title":{"rendered":"Economics &#8211; 5\/30\/12"},"content":{"rendered":"<p><strong>I.\u00a0 Bellwork:\u00a0\u00a0 Q&amp;A \u2013 <\/strong><\/p>\n<table style=\"width: 435px\" border=\"0\" cellspacing=\"0\" cellpadding=\"0\" align=\"left\">\n<tbody>\n<tr>\n<td valign=\"bottom\" width=\"118\"><\/td>\n<td valign=\"bottom\" width=\"138\">\n<p align=\"center\"><strong>Country X<\/strong><\/p>\n<\/td>\n<td valign=\"bottom\" width=\"138\">\n<p align=\"center\"><strong>Country Y<\/strong><\/p>\n<\/td>\n<td valign=\"bottom\" width=\"86\"><\/td>\n<td width=\"86\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"bottom\" width=\"118\">\n<p align=\"center\"><strong>Grapefruit<\/strong><\/p>\n<\/td>\n<td valign=\"bottom\" width=\"138\">\n<p align=\"center\"><strong>10\/tons<\/strong><\/p>\n<\/td>\n<td valign=\"bottom\" width=\"138\">\n<p align=\"center\"><strong>15\/tons<\/strong><\/p>\n<\/td>\n<td valign=\"bottom\" width=\"86\"><\/td>\n<td width=\"86\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"bottom\" width=\"118\">\n<p align=\"center\"><strong>Olives<\/strong><\/p>\n<\/td>\n<td valign=\"bottom\" width=\"138\">\n<p align=\"center\"><strong>40\/tons<\/strong><\/p>\n<\/td>\n<td valign=\"bottom\" width=\"138\">\n<p align=\"center\"><strong>30\/tons<\/strong><\/p>\n<\/td>\n<td valign=\"bottom\" width=\"86\"><\/td>\n<td width=\"86\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>\u00a0<\/strong><\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<p><strong>Explain your answer and show\/compare both mathematical relationships<\/strong><\/p>\n<p>1. Which country has the comparative advantage in producing grapefruit?<\/p>\n<p>2. Which country has the comparative advantage in producing olives?<\/p>\n<p><strong>II.\u00a0 Objective:<\/strong><\/p>\n<ul>\n<li>Assess the impact of trade policies on domestic activity and world trade.<\/li>\n<\/ul>\n<p><strong>III.\u00a0 Absolute &amp; Comparative Advantage Quiz<\/strong><\/p>\n<p><strong>IV.<\/strong>\u00a0 <strong>Discuss 16-2 Barriers to International Trade: <\/strong>pgs. 447-454<\/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><\/li>\n<li><a href=\"https:\/\/youtu.be\/27J3CByXKow\">GATT &amp; WTO<\/a><\/li>\n<\/ul>\n<p><strong>V.\u00a0 Classwork<\/strong><\/p>\n<ul>\n<li>Page 447 Content Vocabulary\u00a0 (11)<\/li>\n<li><a href=\"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-content\/uploads\/sites\/151\/2011\/01\/Economics-16-2-Guided-Reading-Activities.pdf\" target=\"_blank\">Economics 16-2 Guided Reading Activity<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>I.\u00a0 Bellwork:\u00a0\u00a0 Q&amp;A \u2013 Country X Country Y Grapefruit 10\/tons 15\/tons Olives 40\/tons 30\/tons \u00a0 \u00a0 Explain your answer and show\/compare both mathematical relationships 1. Which country has the comparative advantage in producing grapefruit? 2. Which country has the comparative advantage in producing olives? II.\u00a0 Objective: Assess the impact of trade policies on domestic activity [&hellip;]<\/p>\n","protected":false},"author":176,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[28],"tags":[],"class_list":["post-7884","post","type-post","status-publish","format-standard","hentry","category-economics-w2012"],"_links":{"self":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/7884","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=7884"}],"version-history":[{"count":0,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/7884\/revisions"}],"wp:attachment":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/media?parent=7884"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/categories?post=7884"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/tags?post=7884"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}