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Social Studies
 
  Grade Level:   9  
  EALR:   2. ECONOMICS The student applies understanding of economic concepts and systems to analyze decision-making and the interactions between individuals, households, businesses, governments, and societies.  
  Component:   2.3 Understands the government's role in the economy.  
  Grade Level Expectation:   2.3.1 Analyzes the costs and benefits of government trade policies from around the world in the past or present.  
 
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Examples
-Examines the costs and benefits of protective tariffs in the development of "infant" automobile industries in South Korea and Brazil.
-Examines the effects of government subsidies for Airbus on the global buying and selling of airplanes.
-Examines the effects of import-led growth and export-led growth when examining the economic development of countries in Southeast Asia and Latin America.
-Examines the effects of the European Economic Union on global trade.
-Examines how anti-dumping regulations in the General Agreement on Trade and Tariffs affect Chile's agricultural products.
Suggested Unit
  • World—Emergence and Development of New Nations (1900—present)