Activity By Skills: Holistic Thinking

  Trade Lesson 4 Hook

Who benefits and who does not benefit from the Ricardian trade model and the Heckscher-Ohlin model of comparative advantage?

What factors influence trade that might not be covered in those two models?

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  Trade Lesson 3 Review

Ask the students to describe in their own words the difference between the Heckscher-Ohlin Model and the Ricadian Theory of Comparative?

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  Trade Lesson 3 PowerPoint Presentation

Present the PowerPoint presentation. Questions are embedded in the slides. Use the glossary to define any unknown terms

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  Trade Lesson 2 Conclusion

Follow-up to the original class activity: Has anyone changed their mind on the distribution of labor involved in the Habitat for Human exercise? Why or why not?

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  Trade Lesson 2 Ethical Issue Activity

This activity is to be used for both models of comparative advantage (Ricardian and Heckscher-Ohlin models). Students think about the impact of comparative advantage.

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  Trade Lesson 2 PowerPoint Presentation

Present the PowerPoint presentation. Use the glossary to define any unknown terms

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  Global Trade Lesson 2 Introduction: What can you do best

Scenario. The students join habitat for humanity. Ask the students what he or she might want to contribute to the project. Who has the best skills for each task involved in building a home?

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  Trade Lesson 1 Review

Ask the students to each list one reason why international trade is important and how it affects their lives.

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  Trade Lesson 1 Ethical Issue Activity on Wal-Mart

Students read the article on Wal-Mart and discuss the ethical implications of Wal-Mart’s expansion to China.

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  Trade Lesson 1 Measuring Trade in China

Students collect the time series data on exports and imports of China. Plot them in Excel and answer to the following questions: What does the Chinese trade pattern exhibit? and How is the Chinese trade balance (exports – imports) different from the American one?

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