Slide 1Unit 5: International Trade 1 Slide 2 International Trade Why do people trade? 2 Slide 3 Magic of Markets Brown Bag Activity 3 Slide 4 Why do people trade? 1.Assume…
Slide 1Unit 5: International Trade 1 Slide 2 International Trade 2 Slide 3 Why do people trade? 1.Assume people didnt trade. What things would you have to go without? Everything…
Slide 1The Economic Problem CHAPTER 2 Slide 2 After studying this chapter you will be able to Define the production possibilities frontier and calculate opportunity cost…
1. Chapter 18. Foreign Exchange C H A P T E R O B J E C T I V E S By the end of this chapter, students should be able to:+ 1. Define foreign exchange and explain its importance.…
1. Introduction to Macroeconomics Chapter 2 2. 3. Why does food cost much more today than it did a few years ago?One reason is that we now use part of our corn crop to…
Slide 1 THE ECONOMIC PROBLEM 2 CHAPTER Slide 2 Objectives After studying this chapter, you will be able to: Define the production possibilities frontier and calculate…
Slide 1 A pizza restaurant charges for pizzas and adds a delivery fee. The cost (c), in dollars, to have any number of pizzas (p) delivered to a home is described by the…