1. ECONOMICS: May 1
Warm-up In general, why are exports and imports critical to the U.S. economy?
Learning Target: In order to understand international trade policy I will analyze trade restrictions and trade agreements. I will know I have it when I can: (1) list and explain the different types of trade barriers; (2) explain why nations may choose to pursue protectionist trade policy; (3) explain some reasons why many believe free trade is better than protectionism; and (4) explain the ongoing controversy surrounding NAFTA.
Ch. 17, Lessons 1 & 2 Guide (HO from yesterday)
--Trade Restrictions -tariffs; quotas; embargoes --Protectionists vs. Free Traders --NAFTA: Trump’s Concerns—Potential Renegotiation? (3:01)
Assignment Read Chapter 17, Lesson 3