Personal Finance and Global Markets · Applied Economics

International Trade and Globalisation

Examining why nations trade and the impact of protectionism on global wealth.

Key Questions

  1. 1Who benefits and who bears the costs of a globalized supply chain?
  2. 2How does comparative advantage drive international specialization?
  3. 3What trade-offs does this policy create for local manufacturing industries?

ACARA Content Descriptions

AC9EC11K14
Year: Year 11
Subject: Economics & Business
Unit: Personal Finance and Global Markets
Period: Applied Economics

Suggested Methodologies

Ready to teach this topic?

Generate a complete, classroom-ready active learning mission in seconds.

Generate a Custom MissionBrowse Lesson Plan Templates

More in Personal Finance and Global Markets

Personal Investment and Risk

Understanding the relationship between risk and return in various asset classes.

2 methodologies

Exchange Rates

Analyzing how the value of a currency is determined and its effect on trade balances.

2 methodologies

Browse curriculum by country

AmericasUSCAMXCLCOBR
EuropeUKIEFRDEESITNLPTSE
Asia & PacificINSGAU