Free trade isn't getting something you want without paying for it. High schoolers take a short trip through economics with a video that discussess the ins, outs, and exchanges of international trade.

Concepts

imports, exports, exchange rates, international trade, economics, free trade, working conditions

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Additional Tags

social studies

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Instructional Ideas

• Pair with a previous video in the series that discusses specialization
• Create a role-play scenario in your classroom in which small groups negottiate trade agreements with other groups, and introduce different currency rates for older or advanced learners

Classroom Considerations

• Briefly discusses the working conditions in other countries, with a promise to return to the topic in a future video
• Incorporates a lot of math very quickly when mentioning exchange rates and trade agreements; consider pausing the video to further explain these concepts
• 15th part of a 35-video series 

• This video is hosted on YouTube

Pros

• Clears up confusion around common terms used in political and economic news
• Graphics and detailed explanations are both engaging and informative

Cons

• None

Common Core

RH.9-10.2 RH.9-10.4 RH.11-12.2 RH.11-12.4