Grade 9-12
,
On-Demand Webinar
AP Macroeconomic Series: Making Sense of Comparative Advantage and Barriers to Trade
Time: 60 mins,
Presenter: Martha Rush
Objective
In this webinar teachers will be able to:
- Help students better understand what “input” problems mean and how to solve them
- Develop a more effective strategy for teaching terms of trade
- Articulate why economists promote free trade and how trade barriers affect consumers and producers
Standards
![](https://econedlink.org/wp-content/uploads/2022/10/Advantage-and-Barriers-to-Trade-1024x683.jpg 1024w, https://econedlink.org/wp-content/uploads/2022/10/Advantage-and-Barriers-to-Trade-300x200.jpg 300w, https://econedlink.org/wp-content/uploads/2022/10/Advantage-and-Barriers-to-Trade-768x512.jpg 768w, https://econedlink.org/wp-content/uploads/2022/10/Advantage-and-Barriers-to-Trade-100x67.jpg 100w, https://econedlink.org/wp-content/uploads/2022/10/Advantage-and-Barriers-to-Trade.jpg 1254w)
This video is available to view for EconEdLink members only.
Description
Too often, our students memorize formulas and “tricks” for solving comparative advantage problems without gaining a deep understanding of why comparative advantage is important and why economists almost universally support free trade. We can remedy this problem – and make these topics more engaging to students – by embracing a more holistic approach that emphasizes deep understanding and current real-world examples. In this webinar, we’ll focus primarily on three topics: “input” problems, terms of trade, and graphing trade and trade barriers.