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Lesson

International Trade

Guiding question

What are the benefits of free trade?

Published
Nov 5, 2020
Container ship docked at port, unloading red shipping containers with cranes in the background.
For all of human history, people have desired things that people in distant lands possessed in abundance. From Australian opals to Chinese silk, Greek olive oil to French wine, Peruvian textiles to Florida oranges, from South African diamonds to Cuban tobacco, we have always wanted access to the best things different places around the world have to offer.

Guiding Questions

  • What are the benefits of free trade?
  • What are the benefits of protectionism?
  • What factors influence development of trade policy?

Objectives

  • Students will evaluate benefits and drawbacks of free trade.
  • Students will consider moral dilemmas related to free trade.

Materials

Lesson Components

ActivityHandout A: International Trade Graphic Organizer

An activity to help students define terms related to international trade and explore the benefits and drawbacks of various policy decisions.

EssayInternational Trade Essay

For all of human history, people have desired things that people in distant lands possessed in abundance. From Australian opals to Chinese silk, Greek olive oil to French wine, Peruvian textiles to Florida oranges, from South African diamonds to Cuban tobacco, we have always wanted access to the best things different places around the world have to offer.

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Lesson plan

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Key Terms

Marketplace
Free trade
Protectionism
Sanctions

Standards


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