The Global Economy

• D2.Eco.14.K-2
  Describe why people in one country trade goods and services with people in other countries.
• D2.Eco.15.K-2
  Describe products that are produced abroad and sold domestically and products that are produced domestically and sold abroad.
• D2.Eco.14.3-5
  Explain how trade leads to increasing economic interdependence among nations.
• D2.Eco.15.3-5
  Explain the effects of increasing economic interdependence on different groups within participating nations.
• D2.Eco.14.6-8
  Explain barriers to trade and how those barriers influence trade among nations.
• D2.Eco.15.6-8
  Explain the benefits and the costs of trade policies to individuals, businesses, and society.
• D2.Eco.14.9-12
  Analyze the role of comparative advantage in international trade of goods and services.
• D2.Eco.15.9-12
  Explain how current globalization trends and policies affect economic growth, labor markets, rights of citizens, the environment, and resource and income distribution in different nations.