DO NOW Pick up handouts Look at the labels on items you have with you--clothes you’re wearing, school materials, backpack, purse, etc. (keep your shirt.

Slides:



Advertisements
Similar presentations
Specialization & Interdependence Ms. Ramos Alta Loma High School.
Advertisements

Specialization and voluntary exchange
Overview and Activities for Chapters 19.1 & .2 & 27.1
International Economics: Theory, Application, and Policy, Ch. 3;  Charles van Marrewijk, Figure 3.1 David Ricardo (1772–1823)
1 U.S. Exports by Region, 2004 Canada 23% Mexico 14% European Union 21% Pacific Rim 26% Other 6% Central and South America 7% OPEC 3% Total = $819 billion.
Copyright © 2006 Pearson Addison-Wesley. All rights reserved. Appendix B International Annual Time Series Data for Selected Countries: 1960– 2004.
McGraw-Hill/Irwin Copyright  2008 by The McGraw-Hill Companies, Inc. All rights reserved. INTERNATIONAL TRADE POLICY INTERNATIONAL TRADE POLICY Chapter.
Ch. 4.3 How do People and Nations Benefit from Specialization & Trade?
The Factors of Production
By Logan Hasper. Intro Hello, and welcome to my PowerPoint. In this PowerPoint I will show you a comparison of Canada, the USA, & China!
Poverty & Human Capability 101 Introductory Class.
“In every country it always is and must be the interest of the great body of the people to buy whatever they want of those who sell it cheapest.” The.
The United States & The Global Economy Chapter 6.
Country Selection Second Grade. Continent - Antarctica No countries.
{ Economic Globalization 9/23 Bell ringer: Analyze image (list 5 things you see). Then, write 3 lines about what you think this map/image is trying to.
Today’s Warm Up  Pick up the new warm up/exit ticket sheet by the turn-in tray. Answer the following question:  If you were to roam around the room and.
Introduction Smith's argument for free trade Analysis of absolute cost advantage Application: Japan and the USA Problems with absolute cost advantage and.
World War II Maps of Europe Use the maps in the PowerPoint to help you complete the Map Activity. You may also use the web. Please only label what is on.
You will use proportions with Scale drawings.
Growth and the Business Cycle (or Trade Cycle). Growth and the business cycle Actual and potential economic growth.
Why Is Globalization So Controversial?
Trade. Growth of trade In 1991, the US exported $365 billion and Imported $450 billion By 2004 those numbers had increased to $1.151 trillion in exports.
Markets In The Global Economy. Overview How Markets Operate ◦ Simple Market Economy Global Economy Why Trade? ◦ International Specialization Class Activity:
Trade and Specialization Trading around the World.
Legalising Drugs. Learning Objectives To understand the Portugal Drug Experiment and be able to explain it.
Circular Flow, Interdependence, and Trade Information, visuals and activity for 19.2.
How does specialization encourage trade between countries?
An introduction to U.S. Trade. Warm-Up.  Why do you think Nations trade?
Economic, Political, Social Globalization Social
1 …. all things considered, which workers would you want to manage? March 30th, 2006 From The Economist print edition.
The Global Sneaker From Asia to Everywhere. ‘Where are you wearing?’ – brand/country – 2 in each ClothingSHOESTechnology OTHER (list) Brand/country.
.15F. See World Trade Organization Map What do you guys know about the World Economy? Take a look at what you are wearing, how you got to school, what.
CH. 5 SPECIALIZATION AND COMPARATIVE ADVANTAGE
October 24, 2016 Agenda Economies of SWA reading
Why is Canada appealing?
Ch 17 Economic Growth and Ch 22 International Trade
DO NOW WELCOME BACK & HAPPY NEW YEAR!!!!! Pick up handouts from table.
Introduction to International Economics
New France - Exploration
What is globalisation? Write down a definition of globalisation.
Introduction to Africa
Climate and Population in Sub Saharan Africa
Chapter 5 Early Years of WW2 (pg 45) Date:
Fur Traders New France.
Warm Up Why do nations trade?.
Bellringer: Pick up a Micro review from the front table and begin working it before the Tardy Bell. If absent Friday, did you turn in your Unit 4 Problem.
Globalization of Culture and Economy
Grab a Half Sheet from the FRONT
11/7-Class 6 11/8-Class 1 & 5 YWBAT: evaluate student made games & explore reasons people wear clothes DO NOW: ITINERARY: Complete Which Factors Influence.
ECONOMICS: August 30 Warm-up See, Think, Wonder (Review from 1-1-1) Learning Target In order to understand the challenges resulting from the fundamental.
Unit 5: International Trade
Specialization and Voluntary Trade
Fur Traders New France.
Let’s begin by watching this video.
Monday, May 7th Today we will finish working on our Emperor trading cards. Due tomorrow! Please use your class time wisely today  Fill in agenda with:
AP ECONOMICS: August 30 Warm-up Jot down some examples of Adam Smith’s “invisible hand” theory coming into play while watching the video
Read the following PowerPoint presentation on Specialization
Basics of Economics SS6E7 Analyze different economic systems. a. Compare how traditional, command, and market economies answer the economic questions of.
What is globalisation? Write down a definition of globalisation.
What factors encourage and/or hinder voluntary trade?
The Axis Powers Emerge.
8X Monday The United States and Latin America
1968 Timeline Instructions
Globalization.
Foundations of International Business
AP Human geography Economic geography and development unit
Rise of Japanese Militarism In the 1920s and 1930s Japan also turns to a Totalitarian form of government that practiced aggressive nationalism – taking.
Friday, April 12 Pick up a ‘Nationalism and Political Identities’ video sheet Early 20th century / Post-World War I Watch video clips and answer questions.
AIM: What was the goal of the Crusades?
Additional text exploring the video clip.
Presentation transcript:

DO NOW Pick up handouts Look at the labels on items you have with you--clothes you’re wearing, school materials, backpack, purse, etc. (keep your shirt on, please ) Make a list of where 3 things were made

Wear In the World…??? You have your list of 3 items in your possession Let’s see how international your wardrobe is… WORLD MAP FLIPCHART

In what country is each corporation headquartered? Where in the World? In what country is each corporation headquartered?

Shell Oil The Netherlands

Nestlé Switzerland

Burger King Canada (after merging with Tim Horton’s breakfast food chain)

JC Penny America

Cadbury United Kingdom

Firestone Japan

Dial Soap Germany

Church’s Chicken Bahrain

ACE Hardware United States

Trader Joe’s Germany

7-Eleven Japan

Ch. 4 Text Reading Read pg. 57-61 and complete the Reading WS. Turn in to the tray when done. We’ll review and watch a video after.

Specialization Video Clips Specialization Explained Specialization “Explained”

Reading Review What did economists Frank and Bernanke say actually caused poverty in Nepal? Adam Smith says what about specialization? Why do people specialize, according to economist Charles Wheelan? What does trade & specialization lead to? Examples of voluntary trade…

The EU & Economic Interdependence https://www.youtube.com/watch?v=EL6O 3V6TkXQ