'1p costs 1 3r' presentation slideshows

Unit 5: International Trade

Unit 5: International Trade. International Trade. 2. Where does your stuff come from? (Check the tags on your clothes, shoes, watch, calculator, etc.). Why have your clothes and personal items traveled all around the world?. Why do people trade?.

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Unit I: Basic Economic Concepts

Unit I: Basic Economic Concepts. REVIEW. Explain how you would use the concept of opportunity cost in everyday life. Differentiate between increasing and constant opportunity cost PPCs Explain why the Law of Increasing Opportunity Cost occurs.

463 views • 24 slides

International Trade

International Trade. Absolute and Comparative Advantage. 2. International Trade. 45 40 35 30 25 20 15 10 5 0. 30 25 20 15 10 5 0. Sugar (tons). Sugar (tons). 5 10 15 20 25 30. 5 10 15 20. Wheat (tons). Wheat (tons).

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Unit 1-4: Basic Economic Concepts

136 views • 13 slides