Today we reviewed free trade and started exchange rates.
Today we will be looking at 3 trading blocs and the positives and negatives of free trade.
Today we worked on defining the different trade barriers and looking at current examples of how the U.S. uses each one today. We then used this information to figure out the positive and negative effects of each.
We continued to review comparative and absolute advantage and finished up our unit 4 LTAs.
We introduced comparative advantage and absolute advantage.
Today we played a review game as a class. Attached is the study guide and the questions from the review game. Make sure you know your formulas and bring a calculator. LTA is also due tomorrow.
Today in groups, we worked to create a poster comparing the Expansionary and Contractionary tools used in Fiscal and Monetary Policies.
Unit 3 Test is Tuesday October 23rd. Today we reviewed Monetary Policy and began discussing Fiscal Policy and the tools the government uses to fight inflation or recession.
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April 2019
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