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Balance of Trade
Source: MacNeil/Lehrer Productions | Type: Lesson
This lesson help students understand the Chinese market. In the activity, students will work in teams to develop a marketing promotion for a product of their choosing to be sold to the Chinese consumer. This lesson has been designed to support the.News VIDEO “Balance of Trade.”
Grades:
Concepts:
- Balance of Payments
- Barriers to Trade
- Demand
- Determinants of Demand
- Economic Institutions
- Entrepreneurship
- Exchange Rate
- Exports
- Imports
- Interdependence
- Role of Government
- Supply
- Trade
Standards:
- Economics 5: Gain from Trade
- Economics 7: Markets - Price and Quantity Determination
- Economics 14: Profit and the Entrepreneur
- Economics 16: Role of Government
Related Resources:
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