Trade Impasse

Using a formula and several economic scenarios, learners answer six problem solving questions and finish a graph. They will use this worksheet to better understand comparative advantage and economic gains made through trade.

Why does quantity demanded decrease as prices increase? Watch this video to compare the downward sloping curve of the law of demand with the upward sloping curve of supply, as well as to review such concepts as the substitution effect,...

Delve into the economic concept of comparative advantage and guide your learners through the process of completing a corresponding input and output chart, using instruction and tips from this resource as a reference.

Do companies work better when everyone works on everything, or when each person or department focuses on one specialized task? Explore the benefits of specialization and trade in the modern global economy with a explanatory video.

Crunch some numbers and gain a more comprehensive understanding of the concept of net gain after international trade, as well as how this affects domestic producers and consumers. Instructional content also includes a discussion of...

Introduce your young economists to the concepts of international trade and comparative advantage with Mr. Clifford, a fantastic and tech-savvy economics instructor who uses video to teach economic concepts in an engaging and clear...

Explore one of the key concepts of macroeconomics with Mr. Clifford, who guides students through understanding the exchange of goods and services between countries, imports and exports, trade deficits, and current versus financial accounts.

In the fourth episode of 60-second video clips on economics, you will review the principle of comparative advantage with your learners, explaining the benefits of international free trade as countries specialize and export their...

How do entrepreneurship and crony capitalism intersect with federal regulation and the Food and Drug Administration in Dallas Buyers Club? This is a fascinating video that covers a wealth of economic concepts while referencing the recent...

Several graphs help to illustrate the dynamics of international trade in this slideshow. World prices, imports and exports, and the economic impact of tariffs are detailed in the presentation, along with arguments for free trade and the...