Slide 1Trading Goods and Services SSEIN1a, b, c Slide 2 What is specialization? Doing one job or producing one product/service Why? Increases the total amount of things a…
Slide 1 Bellringer Objective: Analyze how globalization has impacted trade. Homework: Answer: Do you think that international trade is in general a good thing or a bad thing?…
Slide 1 International Trade Slide 2 Trade Insights Trade=exchanging one thing for another. Usually goods or services for $$. The economics profession nearly unanimously backs…
Slide 1 Open Economy Macro Barnett UHS AP Econ Slide 2 Introduction One of the Ten Principles of Economics from Chapter 1: Trade can make everyone better off. This chapter…
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