Trade Lesson 1 Measuring Trade in China
Trade Lesson 1 Measuring Trade in China

Time: 15 minutes
Skills: Holistic Thinking and Technology Skills
Objective 1
Related Resources:
Global Trade Lesson 1.pptx
- Krugman, P.R., and Obstfeld, M. (2008). Introduction. In International Economics: Theory & Policy, 8th Edition, Pearson-Addison-Wesley. (pp 1-11). Boston: Pearson.
- Krugman, P.R., and Obstfeld, M. (2008). World Trade: An Overview. In International Economics: Theory & Policy, 8th Edition, Pearson-Addison-Wesley. (pp 12-26). Boston: Pearson.

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?
  • How is the Chinese trade balance (exports – imports) different from the American one?

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