Unit 5 - lesson 9 - trade barriers

Welcome to lesson 9 of unit 5:

We will be learning about;

* Free trade versus trade barriers

* trade barriers

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Slide 1: Slide

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This lesson contains 27 slides, with interactive quizzes and text slides.

Lesson duration is: 15 min

Items in this lesson

Welcome to lesson 9 of unit 5:

We will be learning about;

* Free trade versus trade barriers

* trade barriers

Slide 1 - Slide

What is goods and services produced in one country and sold to other countries?

Imports

Free trade

Globalization

Export

Slide 2 - Quiz

To which of these Enlightened thinkers does this idea belong?

" the economy works best if there is Free Trade."

Voltaire

John Locke

Montesquieu

Adam Smith

Slide 3 - Quiz

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True or false:
Trade barriers are government-imposed restraints on trade with other nations.

True

False

Slide 15 - Quiz

which two words are missing?
Trade barriers make international trade more ..... and ........

exciting and truthful

helpful and easy

difficult and expensive

annoying and helpful

Slide 16 - Quiz

Why are trade barriers usually implemented?

Slide 17 - Open question

Please look at the 6 barriers to trade

* Trade restrictions

* Operating risks

* Legal and regulatory systems

* financial requirements

* Exchange rate volatility

* Economic Sanctions

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