Sign in with Google National Standards in Economics
Name: 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.
Common Core State Standards
Name: RH.11-12.3
Standard: History/Social Studies -- Grade 11-12
Area: History/Social Studies -- Grade 11-12
- Evaluate various explanations for actions or events and determine which explanation best accords with textual evidence, acknowledging where the text leaves matters uncertain.
Name: RH.11-12.9
Standard: History/Social Studies -- Grade 11-12
Area: History/Social Studies -- Grade 11-12
- Integrate information from diverse sources, both primary and secondary, into a coherent understanding of an idea or event, noting discrepancies among sources.
