Wednesday March 6

New Concepts:

• Free trade with diagrammatic analysis
• Types of protectionism with diagrammatic analysis
• Tariffs  (Focused on Tariffs)
• Subsides
• Quotas
• Arguments for protectionism 
• Arguments against protectionism

Resources:
Chapter 22 - Free Trade and Protectionism

Power Point - Protectionist Policies

Video - Advantages and Disadvantages of Protectionism

Video - Protectionism

   This video will help explain diagrams

Video - Why do countries restrict trade?

Video - Types of trade restrictions
    Also shows diagram analysis

Homework:

None