UNIT: Introduction to International Trade
Annotation:
This unit teaches the basics of international trade. This is a self-contained unit complete with student information guides, study guides, exams, etc. These Student Information Guides include definitions of terms used in the international trade market, descriptions of international trade organizations, and the meaning of globalization in an international market.
This unit is appropriate for use by substitute teachers in CTAE classrooms. The unit requires minimal technical understanding by the substitute teacher.
Grade(s):
X / 10th
X / 11th
X / 12th
Time:
Approximately four 50 minute class periods.
Author:
Alyssa Elrod and Dr. Frank B. Flanders
Students with Disabilities:
For students with disabilities, the instructor should refer to the student's IEP to be sure that the accommodations specified are being provided. Instructors should also familiarize themselves with the provisions of Behavior Intervention Plans that may be part of a student's IEP. Frequent consultation with a student's special education instructor will be beneficial in providing appropriate differentiation.
GPS Focus Standards:
BCS-BE-8 The student analyzes how international business impacts business.
a) Defines international business.
MKT-MP-5 Acquire foundational knowledge of international business and marketing concepts to understand the scope and impact on the economy.
a) Define international business/marketing.
b) Explain why nations engage in international trade.
c) Describe how international trade affects the economic interdependence of nations.
Academic Standards:
ELA11W1 The student produces writing that establishes an appropriate organizational structure, sets a context and engages the reader, maintains a coherent focus throughout, and signals a satisfying closure.
SSEMA4 The student will explain why individuals, businesses and governments trade goods and services.
SSEMA5 The student will explain why countries sometimes erect trade barriers and sometimes advocate free trade.
SSEMA6 The student will explain how changes in exchange rates can impact the purchasing power of individuals in the United States and in other countries.
Enduring Understandings:
International trade serves as an important way to connect countries and cultures across the globe through the sharing of goods, services, and information. Many rules, regulations, and negotiations are necessary for international trade to remain efficient for each participating country.
Essential Questions:
• Why do countries need to participate in international trade?
• How does international trade affect consumers’ daily lives?
• How does the implementation of international trade organizations affect the global market?
• Is globalization beneficial or detrimental to our expanding world?
• Why is it important for everyone involved in international trade to use universal definitions?
Knowledge from this Unit:
Students will be able to:
• Identify terms associated with international trade.
• Describe different international trade organizations.
• Explain the positive and negative aspects of international trade along with globalization.
Skills from this Unit:
Students will be able to:
• Defend a position on international trade and globalization.
Assessment Method Type:
X / Objective assessment - multiple-choice, true- false, etc.
_X_ Quizzes/Tests
__ Unit test
X / Group project
Individual project
Self-assessment - May include practice quizzes, games, simulations, checklists, etc.
__ Self-check rubrics
__ Self-check during writing/planning process
__ Journal reflections on concepts, personal experiences and impact on one’s life
__ Reflect on evaluations of work from teachers, business partners, and competition judges
__ Academic prompts
__ Practice quizzes/tests
X / Subjective assessment/Informal observations
__ Essay tests
_X_ Observe students working with partners
_X_ Observe students role playing
X / Peer-assessment
_X_ Peer editing & commentary of products/projects/presentations using rubrics
__ Peer editing and/or critiquing
X / Dialogue and Discussion
__ Student/teacher conferences
_X_ Partner and small group discussions
_X_ Whole group discussions
__ Interaction with/feedback from community members/speakers and business partners
Constructed Responses
__ Chart good reading/writing/listening/speaking habits
__ Application of skills to real-life situations/scenarios
X / Post-test
Assessment Attachments and / or Directions:
· Introduction to International Trade Test
· Introduction to International Trade Test Key
• LESSON 1: INTRODUCTION TO INTERNATIONAL TRADE
1. Identify the standards. Standards should be posted in the classroom.
MKT-MP-5 Acquire foundational knowledge of international business and marketing concepts to understand the scope and impact on the economy.
BCS-BE-8 The student analyzes how international business impacts business.
2. Review Essential Question(s). Post Essential Question(s) in the classroom.
• Why do countries need to participate in international trade?
• How does international trade affect consumers’ daily lives?
3. Ask students to get out a sheet of paper and pencil.
• Ask students to list ten items they own that were made in another country.
• Ask students to list items they own that were made in the U.S.
• Discuss the relative volume of U.S. vs. foreign made goods with the students.
4. Provide each student the Introduction to International Trade Student Information Guide along with the corresponding Introduction to International Trade Study Guide. (They may work alone or in groups, at the teacher’s discretion.)
5. Ask the students to read the information guide and complete the study guide.
6. Collect the completed study guides. Collect the Student Information Guides for future use.
7. Use the Introduction to International Trade Study Guide Key to review the study guide with the class.
8. Summarize the lesson for the students. Ask students to state one thing that they have learned from this lesson.
• LESSON 2: INTERNATIONAL TRADE ORGANIZATIONS
1. Identify the standards. Standards should be posted in the classroom.
MKT-MP-5 Acquire foundational knowledge of international business and marketing concepts to understand the scope and impact on the economy.
BCS-BE-8 The student analyzes how international business impacts business.
2. Review Essential Question(s). Post Essential Question(s) in the classroom.
• How does the implementation of international trade organizations affect the global market?
3. Provide each student the International Trade Organizations Student Information Guide along with the corresponding International Trade Organizations Study Guide. (They may work alone or in groups, at the teacher’s discretion.)
4. Ask the students to read the information guide and complete the study guide.
5. Collect the completed study guides. Collect the Student Information Guides for future use.
6. Use the International Trade Organizations Study Guide Key to review the study guide with the class.
7. Summarize the lesson for the students. Ask students to state one thing that they have learned from this lesson.
• LESSON 3: GLOBALIZATION IN AN INTERNATIONAL MARKET
1. Identify the standards. Standards should be posted in the classroom.
MKT-MP-5 Acquire foundational knowledge of international business and marketing concepts to understand the scope and impact on the economy.
BCS-BE-8 The student analyzes how international business impacts business.
4. Review Essential Question(s). Post Essential Questions in the classroom.
• Is globalization beneficial or detrimental to our expanding world?
5. Provide each student the Globalization in an International Market Student Information Guide along with the corresponding Globalization in an International Market Study Guide. (They may work alone or in groups, at the teacher’s discretion).
6. Ask the students to read the information guide and complete the study guide.
7. Collect the completed study guides. Collect the Student Information Guides for future use.
8. Use the Globalization in an International Market Study Guide Key to review the study guide with the class.
9. Summarize the lesson for the students. Ask students to state one thing that they have learned from this lesson.
10. Exam: The unit exam does not cover specifically lesson four. It is appropriate to give the Introduction to International Trade Test now, after lesson three, or after lesson four.
• LESSON 4: EMBARGO DEBATE
1. Identify the standards. Standards should be posted in the classroom.
MKT-MP-5 Acquire foundational knowledge of international business and marketing concepts to understand the scope and impact on the economy.
BCS-BE-8 The student analyzes how international business impacts business.
2. Review Essential Question(s). Post Essential Question(s) in the classroom.
• Why do countries need to participate in international trade?
• How does international trade affect consumers’ daily lives?
3. Debate.
• Read the directions on the Embargo Debate sheet.
• Follow the directions on the Embargo Debate sheet.
• You will be handing out the Embargo Position Sheet and the Embargo Debate Rubric to the students.
• Note that the embargo debate scenario is based on the 1980 Grain Embargo implemented by President Jimmy Carter between the U.S. and Russia.
4. Summarize the information presented in the debate and ask students to give their opinions about the scenario. Mention to the students that this scenario was based on the 1980 Grain Embargo by President Jimmy Carter between the U.S. and Russia. Information on the 1980 Grain Embargo can be found at the following website: http://www.time.com/time/magazine/article/0,9171,952534,00.html
• LESSON 5: INTRODUCTION TO INTERNATIONAL TRADE – REVIEW ACTIVITY
1. Identify the standards. Standards should be posted in the classroom.
MKT-MP-5 Acquire foundational knowledge of international business and marketing concepts to understand the scope and impact on the economy.
BCS-BE-8 The student analyzes how international business impacts business.
2. Review Essential Question(s). Post Essential Question(s) in the classroom.
• Why is it important for everyone involved in international trade to use universal definitions?
3. Hand out and ask students to complete the Introduction to International Trade Crossword.
4. Collect the completed crossword sheets.
5. Use the Introduction to International Trade Crossword Key to review the answers with the students.
6. Summarize the lesson for the students.
• ATTACHMENTS FOR LESSON PLANS
· Introduction to International Trade Student Information Guide
· International Trade Organizations Student Information Guide
· Globalization in an International Market Student Information Guide
· Introduction to International Trade Study Guide
· Introduction to International Trade Study Guide Key
· International Trade Organizations Study Guide
· International Trade Organizations Study Guide Key
· Globalization in an International Market
· Globalization in an International Market Study Guide Key
· Embargo Debate
· Embargo Debate Position Sheet
· Embargo Debate Rubric
· Introduction to International Trade Crossword
· Introduction to International Trade Crossword Key
• NOTES & REFLECTION:
The Embargo Debate scenario is based off of the 1980s Grain Embargo implemented by President Jimmy Carter between the U.S. and Russia. The International Trade Test covers information from the Introduction to International Trade Student Information Guide, International Trade Organizations Student Information Guide, and Globalization in an International Market Student Information Guide.
Culminating Unit Performance Task Title: Embargo Debate (Included in Lesson 4)
Culminating Unit Performance Task Description/Directions/Differentiated Instruction:
1. Follow the directions listed from lesson four in this unit for the Embargo Debate.
Attachments for Culminating Performance Task:
· Embargo Debate
· Embargo Debate Rubric
· Embargo Debate Position Sheet
Website(s) Used:
http://www.time.com/time/magazine/article/0,9171,952534,00.html
21st Century Technology Used:
Slide Show Software / Graphing Software / Audio File(s)Interactive Whiteboard / Calculator / Graphic Organizer
Student Response System / Desktop Publishing / Image File(s)
Web Design Software / Blog / Video
Animation Software / X / Wiki / Electronic Game or Puzzle Maker
Email / X / Website
Georgia CTAE Resource Network / Introduction to International Trade • Grades 9-12 / Page 6 of 7