“TRADE IS”
UNIT 1
INTRODUCTION

LESSON 1
Simple

LESSON 2
Complicated

LESSON 3
Necessary

LESSON 4
Voluntary

LESSON 5
Rewarding

LESSON 6
Illuminating

LESSON 7
Interactive

LESSON 8
Past

LESSON 9
Present

LESSON 10
Future

ADDENDUM I
Assignment Ideas by EALR Subject Area

ADDENDUM II
Grading Rubrics

TRADE IS
h o m e

 



TITLE: Trade is The Present
 

OBJECTIVE: Students will gain a better understanding of how trade is an economic engine in our state, our country and the rest of the world. Students also explore areas of concern that are raised about trade.

Click Here To Download a 45k PDF file for Unit 1:
Lesson 9

 


KEY POINTS:

• Washington is the most trade-dependent state in the U.S.
• 1 in 3 Washington jobs are trade related
• Jobs that are trade-related are growing in number and often pay more
• We produce far more goods than can be consumed within the state or within the U.S.; we have to trade or our economy would collapse
• Countries that are more open to trade and investment have better standards of living than countries that are closed off to the rest of the world
• The U.S. is the top exporting country in the world


ACTIVITY 1: Washington’s Trade Connections.

1. Create a world map showing where Washington’s top ten exports are sold.
2. Add to this map the locations of competitors to our products.
3. Discuss the ideas of comparative and absolute advantage.
How are we able to successfully compete to sell our products?
(issues of quality, variety, reliability, etc.)
4. Using the top ten export items, create a chart that illustrates the following connections:
What kinds of jobs are available in those industries?
What kinds of jobs are needed to support those businesses indirectly?
(i.e., shipping and trucking, printers that create business cards, restaurants near manufacturing plants, etc.)

ACTIVITY 2: What Are Trade-Related Problem Areas?

Examine one of these topics of concern in light of the questions stated below and present findings to the class:

• Child Labor
• Sweatshop Labor
• Environmental Concerns
• Trade Sanctions
• National Self-Direction & Sovereignty vs. International Agreements
(NAFTA, WTO, etc.)
• Tariffs, Quotas and Export Controls

1. To what degree are these issues attributable to cultural differences, predatory business practices at the local level, local political corruption, lack of consumer concern, competition and other market forces?
2. What do we do when we simply cannot agree on a trade issue?
3. Are there current as well as historical examples in the U.S. of similar problems?
What forces contributed to these problems and what forces (if any) led to the problems being solved (if they were)?

ACTIVITY 3: What is the economic impact of imports?

Look at the “Washington State Trade Picture” (available for download at http://www.wcit.org/resources/publications/pub_intro.htm) and identify Washington’s top imports.

Are these products finished products ready to be sold to consumer?
Or are they components of productions?

What Washington State industries are dependent upon imports for their finished products?
What kinds of jobs are in these industries—high skill versus low skill (i.e. design work versus assembly work)?

Additional resources
CTED Study on the Impact of Imports (available for download at http://www.trade.wa.gov/publications.htm)

Suggestions for Assessment. Largely measuring breadth and depth of evidence — have the students covered all the possibilities?


TRADE IS HOME  |   CLASSROOM VIDEOS   |    LESSON PLANS  |   WEB RESOURCE LINKS
GLOSSARY  |    WCIT/ITEF HOME  |  CONTACT US


©International Trade Education Foundation