INFOGRAPHICS & COMICSTrade: Why Do Nations Trade?
Visualize key components of international trade.
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Lessons & Activities
1 Hour+
Tricks of the Trade
OVERVIEW
In this lesson, students play the role of citizens of two fictional countries. They investigate the balance between scarce resources and the benefits of trade.
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
1 HOUR+
Let’s Make a Deal
Learn what conditions are necessary for two people to agree to a trade.
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
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.
