Is Trade a Zero-Sum Game?
Demonstrate that voluntary trade can benefit buyers and sellers.
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Infographics & Comics
Trade: Why Do Nations Trade?
OVERVIEW
This international trade infographic gives an overview of key terminology and why we trade. It also highlights foundational concepts such as production possibilities frontiers, absolute and comparative advantage, trade barriers, and free trade versus protectionism. As an overview, quick guide, or tool for review, this infographic covers the essentials in a visually appealing, easy-to-understand format that is certain to facilitate discussion and reinforce learning.
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LESSONS & ACTIVITIES
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VIDEO Q&A
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International Trade 101
Introduces the benefits and costs of international trade
READING Q&A
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How Do Imports Affect GDP?
Learn how imports are calculated in GDP.
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Tricks of the Trade
Investigate the balance between scarce resources and the benefits of trade.
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Let’s Make a Deal
Learn what conditions are necessary for two people to agree to a trade.
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Making Magic
Read a story to illustrate the benefits of trade.
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Learn about PACED decision-making
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Supply & Demand: How Do Markets Determine Price?
Learn about the basics of supply, demand, and market equilibrium.
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Price Ceilings & Price Floors
Learn about the effects of price controls on a market.
INFOGRAPHICS & COMICS
Economic Systems
Contrast market and command economies.
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Gross Domestic Product
Visualize the components of Gross Domestic Product (GDP).
INFOGRAPHICS & COMICS
Circular Flow
Visualize the circular flow diagram.
INFOGRAPHICS & COMICS
Maximum Employment
Learn about maximum employment and how it is measured.
INFOGRAPHICS & COMICS
Price Stability
Learn about price stability and how it is measured.
INFOGRAPHICS & COMICS
Taxes
The infographic highlights that taxes are used to pay for the goods and services that different levels of government provide.
INFOGRAPHICS & COMICS
Fiscal & Monetary Policy
Define fiscal and monetary policy and highlight their differences.
