Professor McLennan Community College Waco, Texas, United States
This in-class activity will demonstrate the benefits (and costs) of trade. Students will then evaluate how the activity would differ after implementing barriers of trade.
Learning Objectives:
Students will be able to apply the principles of free trade and solve problems in a dynamic environment.
Students will be able to analyze the effects of different barriers to trade.
Students will demonstrate critical reflection on the winners and losers of government regulations.