When getting my students to consider whether international trade is beneficial or not I always get them to think and write about what their life would be like with and without international trade. These are the basic instructions that I give them: “Start in the morning of a normal day and work through to bedtime. Brainstorm… Continue reading Lesson Activity: ‘Your life with trade’
The costs and benefits of international trade: Consumers have more choice. A common argument heard in favor of international trade and globalization is that consumers get to enjoy a greater choice in goods and services. Why would international trade bring us more choice? The most obvious reason is that we… Continue reading International trade give us more choice?