Trade: Why Do Nations Trade?
Visualize key components of international trade.
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In this lesson, students read a story, play word games, and use a simple math exercise illustrate the benefits of trade.
A Yen to Trade
Teach trade, comparative advantage, and barriers to trade with A Yen to Trade Curriculum Unit.
Ringgits, Rupees, and Rials
Find the exchange rate for the currency of 24 countries.
Let’s Make a Deal
Learn what conditions are necessary for two people to agree to a trade.
The Tortoise and the Hare
Discover the benefits of specialization.
Tricks of the Trade
Investigate the balance between scarce resources and the benefits of trade.
Trading Circles
Illustrate how the size of a trading area affects goods and resources.
Trading Hurdles
Learn about natural and government-imposed trade barriers.
Pieces of Paper
Compare a barter economy with one that uses money.
The Road to Riches
Show how changes in transportation affect trade routes and partners.
Trade Connections
Review basic ideas about international trade.
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