Global Markets and International Trade · Global Markets

Globalization and Protectionism

Evaluating the arguments for and against trade barriers like tariffs and quotas.

Key Questions

  1. 1What trade-offs does a government face when imposing a tariff to protect domestic jobs?
  2. 2How has globalization changed the distribution of wealth between and within nations?
  3. 3What are the risks of over-reliance on global supply chains for essential goods?

MOE Syllabus Outcomes

MOE: Globalization and Trade Protectionism - S3
Level: Secondary 3
Subject: Economics
Unit: Global Markets and International Trade
Period: Global Markets

Suggested Methodologies

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