Grade 9-12
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Activity
Researching Current Trade Sanctions
Objective
Students will be able to:
- Identifiy different types of trade restricitons.
Standard
National Standards in Economics
Trade
Standard: 5
- Students will understand that: Voluntary exchange occurs only when all participating parties expect to gain. This is true for trade among individuals or organizations within a nation, and among individuals or organizations in different nations.
- Students will be able to use this knowledge to: Negotiate exchanges and identify the gains to themselves and others. Compare the benefits and costs of policies that alter trade barriers between nations, such as tariffs and quotas.
In this economics activity, students will review current U.S. trade sanctions and their potential impact on economic activity.
Resources
Procedure
This individual activity has students research trade embargos and answer questions. The U.S. Department of Treasury maintains a list of countries that are officially sanctioned by the United States. The purpose of these sanctions varies, as do the countries and the products and the people involved. To complete this assignment, students should follow the instructions below:
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- Go to the Department of Treasury website
- Use the information to answer the Quizizz activity, complete the worksheet, or the ReadyAssessments Activity.
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