Trade: Why Do Nations Trade?
Visualize key components of international trade.
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In this lesson, students wear clothing and bring goods from other countries for an International Goods Day. Students review basic ideas about international trade from previous lessons.
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.
Making Magic
Read a story to illustrate the benefits of trade.
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.
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