OverviewThe study of international economic systems teaches about global production and competition, exchange rates, international finance, free trade vs. protectionism and economic development.
Detailed InformationThe study of international
economic systems teaches global production and competition, exchange rates
and issues in international finance, free trade vs. protectionism, and
economic development. In 20 lessons, students investigate:
- Why people and nations
do and do not trade
- Balance of payments
- Where to locate a factory
- Foreign currency and exchange rates
- Whether developing countries should have free trade
- NAFTA
- Privatization
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