Economics

Unit 3 | Topic 10.3 | Measuring Trade

How do exchange rates affect international trade?

Objectives

• Analyze the effects of changes in exchange rates on world trade.

• Define balance of trade.

• Summarize the effects of international trade on the United States and its trading partners.

• Analyze the role of the United States in international trade.

Procedure

1. Review the Aim and notes from your initial text read.

2. Participate in the corresponding lesson topic presentation, revising notes.

3. Watch corresponding video(s); further revising notes.

4. Complete teacher instructed assignments.

Extension

• Prepare for your next class session by reading the next topic section in your text, recording alphanumeric/Cornell notes.

• Complete the next topic's Interactive Reading Notepad.