Module E.4.1: Trade & Interdependence

Standard: EPF.E.4.1

Objective: Explain the benefits and costs of trade and economic interdependence.

---

Lesson Overview

• Define trade, imports, exports, interdependence
• Discuss comparative and absolute advantage
• Analyze effects of trade on economies

Teacher Notes

• Use real-world trade data
• Discuss current trade agreements and disputes
• Relate to local/global products

Activities

• Trade simulation game
• Research: Where do products come from?
• Debate: Is free trade good?

Assessment

• Quiz on trade concepts
• Written analysis of a trade issue

Resources

• NC DPI EPF Standards
• Trade data sources