LEARN NC

K–12 teaching and learning · from the UNC School of Education

Objective 8.01
Explain the benefits of trade among individuals, regions, and countries.
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Objective 8.02
Define trade barriers, such as quotas and tariffs, and cite how different countries use them.
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Objective 8.03
Distinguish between balance of trade and balance of payments.
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Objective 8.04
Compare and contrast labor productivity trends in the United States and other developed countries.
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Objective 8.05
Discuss the concept of balance of trade and explain its benefits and costs.
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Objective 8.06
Explain the impact of exchange rates on purchasing power.
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Objective 8.07
Evaluate the benefits and costs of free trade.
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