The study of international economic systems teaches global production and competition, exchange rates and issues in international finance, free trade vs. protectionism, and economic development. In 20 lessons, students investigate:
- Why people and nations do and do not trade
- Balance of payments
- Where to locate a factory
- Foreign currency and exchange rates
- Whether developing countries should have free trade
This educator resource is no longer available in print; it is available on Virtual Economics 4.0.