Learning Module 6 of Economics 6–9% of the exam
International Trade
3 lessons. About 0 minutes in cram mode, 0 minutes in full.
Lessons for this module are being written. The outcomes and lesson plan below are final.
Lessons
- 1 Benefits and Costs of Trade
Coming soon
- 2 Trade Restrictions and Agreements—Tariffs, Quotas, and Export Subsidies
Coming soon
- 3 Trading Blocs and Regional Integration
Coming soon
What the exam expects you to do
- Describe the benefits and costs of international trade.
- Compare types of trade restrictions, such as tariffs, quotas, and export subsidies, and their economic implications.
- Explain motivations for and advantages of trading blocs, common markets, and economic unions.