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Trading Goods and Services SSEIN1a, b, c. What is specialization? Doing one job or producing one product/service Why? Increases the total amount of things.
Aggregate supply and aggregate demand Chapters 31, 32, and 33
Bellringer Objective: Analyze how globalization has impacted trade. Homework: Answer: Do you think that international trade is in general a good thing.
International Trade. Trade Insights Trade=exchanging one thing for another. Usually goods or services for $$. The economics profession nearly unanimously.
Open Economy Macro Barnett UHS AP Econ. Introduction One of the Ten Principles of Economics from Chapter 1: Trade can make everyone better off. This chapter.
