International Trade and Globalisation · Global Markets

Specialisation and Trade

Applying the concepts of absolute and comparative advantage to global commerce.

Key Questions

  1. 1Why should a country import a good it is capable of producing itself?
  2. 2How does global trade influence the variety of goods available to consumers?
  3. 3Who are the winners and losers when a new trade deal is signed?

MOE Syllabus Outcomes

MOE: International Trade and Globalisation - S4
Level: Secondary 4
Subject: Economics
Unit: International Trade and Globalisation
Period: Global Markets

Suggested Methodologies

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