Global Markets and Trade · Global Markets

Trade Barriers and Agreements

Analyzing the effects of tariffs, quotas, and free trade agreements on consumers and industries.

Key Questions

  1. 1What incentives drive industries to lobby for protective tariffs?
  2. 2How do trade wars impact the global supply chain?
  3. 3What trade-offs does a free trade agreement create for local workers?

Common Core State Standards

C3: D2.Eco.15.9-12
Grade: 12th Grade
Subject: Economics
Unit: Global Markets and Trade
Period: Global Markets

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