Comparative Advantage and Trade
What’s the one thing your students swear they can’t live without? Their phone! Use one of their most cherished possessions to teach them about comparative advantage and trade. This video shows just how globally connected our economy is.
FREE Media Picks
Here are the latest selections from Texas teachers.
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1. Thanking a Thousand People for a Single Cup of Coffee – 3 minute video
Get your students thinking about how many different people specialize in different ways and then trade to produce something as simple as a cup of coffee.
2. How to Trade-up From a Bobby Pin to a House – The Indicator, 9 minute podcast
Take you students along a trading journey, a journey that involves earrings to margarita glasses, a bike food cart to a Mini Cooper, and a super-exclusive Chipotle card to a small fleet of tractors!
