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1 Analyzing Trade Statistics October 29, 2013 S. 1; OBJ/LT: I can describe the causes and effects of global patterns of trade. DOK: 2-3
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2 Warm-Up What are statistics for? Where have you seen statistics? How have you used statistics in school? S. 1; OBJ/LT: I can describe the causes and effects of global patterns of trade. DOK: 2-3
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3 Classwork *The class will be divided into groups of 3-4 students and receive a handout. *Groups should work through and discuss the questions pertaining to the data. HAVE ONE MEMBER OF EACH GROUP RECORD THEIR RESPONSES ON THE WORKSHEET. *Graphs do not need to be overly precise. Just make sure they roughly indicate trends and remember how important it is to label your graphs clearly! S. 1; OBJ/LT: I can describe the causes and effects of global patterns of trade. DOK: 2-3
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4 Analyzing Data Review answers to questions. (Did you find any of the information surprising?) Speculate about the reasons in these trends in specific countries, i.e. China. Is there any data for a single country that doesn’t have a trend in any direction? Why do you think the United States’ share of manufacturing exports have decreased since 1948? Compare the slopes of the two graphs you’ve made. Why does one slope down and the other up? Do these graphs indicate positive or negative developments for the U.S. economy? Or do they indicate neither? S. 1; OBJ/LT: I can describe the causes and effects of global patterns of trade. DOK: 2-3
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5 Exit “There are three kind of lies: lies, damned lies, and statistics.” –Mark Twain What does Twain mean? What relevance does this have for you as you analyze data? S. 1; OBJ/LT: I can describe the causes and effects of global patterns of trade. DOK: 2-3
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6 Objectives HANDOUTS: “Share of World Manufacturing Exports: Regions and Selected Countries”(TRB 27-29) for each group. ****You may find colored pencils for graphing, a calculator, and copies of the reading helpful.
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