Economics: Trade Day 3

By kuzma_b  

Economics: Trade Day 3, Thurs/Fri, Feb 13th/14th

  • Finish Chapter 24 lecture
  • http://nwnewsnetwork.org/post/aluminum-smeltings-questionable-future-northwest
  • http://nwnewsnetwork.org/post/direct-subsidy-preserve-aluminum-smelter-jobs-ruled-out
  • http://nwnewsnetwork.org/post/alcoa-idle-ferndale-and-wenatchee-aluminum-smelters
  • Work on protectionism-assn

Test on Chapters 23 and 24 Feb 26th, 27th

  • Reasons for protectionism, reasons for international trade, quotas, tariffs, subsidies, dumping, infant industries, sunset industries, strategic securities argument, health and safety protection
  • Know and be able to label and explain quantities, prices, and revenue boxes for: Quotas, Subsidies, Tariffs, Free Trade