Social Studies
 
  Grade Level:   11  
  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:   2.2 Understands how economic systems function.  
  Grade Level Expectation:   2.2.2 Analyzes how comparative advantage has affected U.S. imports and exports in the past or present.  
 
 
Examples
-Examines the effects of the United States' perceived loss of comparative advantage in the manufacturing of textiles.
-Examines the effects of the United States' comparative advantage in pharmaceutical research on the export of prescription drugs.
-Examines how transnational companies have shifted manufacturing in response to perceived changes in comparative advantage.
-Examines how perceived loss of comparative advantage led Ford Motor Company to shift automobile manufacturing outside of the United States.
Suggested Unit
  • U.S.—World War II, the Cold War, and International Relations (1939—1991)