Trade: Why Do Nations Trade?
Visualize key components of international trade.
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Lessons & Activities
1 Hour+
Let’s Make a Deal
OVERVIEW
In this lesson, students learn what conditions are necessary for two people to agree to a trade in a class flea market. They also discover that the more people they are allowed to trade with, the more likely they are to find a beneficial trade.
Related Resources
INFOGRAPHICS & COMICS
LESSONS & ACTIVITIES
0-15 MIN
Is Trade a Zero-Sum Game?
Demonstrate that voluntary trade can benefit buyers and sellers.
LESSONS & ACTIVITIES
1 HOUR+
Country Interdependence: How Do the Actions of One Country Affect Other Countries?
Student groups represent fictional countries. Economic changes in one country impact others due to global interdependence and specialization.
INFOGRAPHICS & COMICS
Infographic Posters
Browse infographics for your classroom.
More in This Series
CURRICULUM UNITS
A Yen to Trade
Teach trade, comparative advantage, and barriers to trade with A Yen to Trade Curriculum Unit.
LESSONS & ACTIVITIES
1 HOUR+
Ringgits, Rupees, and Rials
Find the exchange rate for the currency of 24 countries.
LESSONS & ACTIVITIES
46-60 MIN
The Tortoise and the Hare
Discover the benefits of specialization.
LESSONS & ACTIVITIES
46-60 MIN
Making Magic
Read a story to illustrate the benefits of trade.
LESSONS & ACTIVITIES
1 HOUR+
Tricks of the Trade
Investigate the balance between scarce resources and the benefits of trade.
LESSONS & ACTIVITIES
46-60 MIN
Trading Circles
Illustrate how the size of a trading area affects goods and resources.
LESSONS & ACTIVITIES
46-60 MIN
Trading Hurdles
Learn about natural and government-imposed trade barriers.
LESSONS & ACTIVITIES
46-60 MIN
Pieces of Paper
Compare a barter economy with one that uses money.
LESSONS & ACTIVITIES
46-60 MIN
The Road to Riches
Show how changes in transportation affect trade routes and partners.
LESSONS & ACTIVITIES
31-45 MIN
Trade Connections
Review basic ideas about international trade.
