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Lessons & Activities
31-45 min
Comparative Advantage Slides
OVERVIEW
This series of slides presents the production possibilities frontiers for Alphatown and Omegaville and illustrates their comparative advantage in the production of apples and potatoes, leading to specialization and trade.
Related Resources
INFOGRAPHICS & COMICS
VIDEO Q&A
0-15 MIN
International Trade 101
Introduces the benefits and costs of international trade
READING Q&A
16-30 MIN
Does International Trade Create Winners and Losers?
Provide an overview of the basics of trade.
LESSONS & ACTIVITIES
46-60 MIN
Comparative Advantage: Trading Brownies and Pizza
Discover the benefits of trade.
LESSONS & ACTIVITIES
0-15 MIN
Is Trade a Zero-Sum Game?
Demonstrate that voluntary trade can benefit buyers and sellers.
READING Q&A
16-30 MIN
What Is the Balance of Payments?
Learn about the accounting system used in the U.S. to measure international trade transactions.
