Understanding Comparative Advantage in Trade

Students calculate opportunity costs and identify comparative advantage using country production scenarios.

$4.99USD · Digital download

Students calculate opportunity costs and identify comparative advantage using country production scenarios. Includes vocabulary, guided practice, production possibilities, and applications of specialization and trade.

5 pagesof ready-to-use material · PDF

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What you’ll teach

Clear goals. Useful learning.

Students will calculate opportunity costs for producing goods.
Students will distinguish absolute advantage from comparative advantage.
Students will identify which country has comparative advantage in specific goods.
Students will explain how specialization and trade benefit countries.

Understanding Comparative Advantage in Trade

See exactly what you’ll get

Clear goals. Useful learning.

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