Macroeconomics activity and demand/inttrade/E-activity-start

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Challenge summary
Summary: Reflections on issues surrounding international trade
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1 - 2 hours
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Linked to assessment

Understanding the pros and cons of international trade.



Start here

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Stimulus resources
  1. Re-read these lecture notes.
  2. Follow up by revisiting this section about trade advantages.



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Purpose

Trade and globalization are two of the biggest drivers in macroeconomics and international trade. The purpose of this learning challenge is:

  • To learn about trade and tariffs.
  • To learn about free trade.
  • To understand the pros and cons of international trade and free trade.