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Economics Section:Further Reading Keywords – International trade ; free trade ; domestically ; competition ; choice ; overspecialization Class : Y11 Lesson.

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Presentation on theme: "Economics Section:Further Reading Keywords – International trade ; free trade ; domestically ; competition ; choice ; overspecialization Class : Y11 Lesson."— Presentation transcript:

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2 Economics Section:Further Reading Keywords – International trade ; free trade ; domestically ; competition ; choice ; overspecialization Class : Y11 Lesson Topic: International Trade Scheme of Work: Macroeconomics – Global Economy

3 Economics Section:Further Reading Keywords – International trade ; free trade ; domestically ; competition ; choice ; overspecialization

4 Economics Section:Further Reading Keywords – International trade ; free trade ; domestically ; competition ; choice ; overspecialization Lesson Objectives P&D Planning and Planning and Data ALL (KNOWLEDGE) Describe International Trade MOST (ANALYSIS) Analyse and apply advantages and disadvantages SOME (EVALUATION ) Evaluate the usefulness of international trade Higher thinking Skills

5 Economics Section:Further Reading Keywords – International trade ; free trade ; domestically ; competition ; choice ; overspecialization Planning Tools P&D Planning and Planning and Data

6 Economics Section:Further Reading Keywords – International trade ; free trade ; domestically ; competition ; choice ; overspecialization Define and describe International Trade [Grade E-D] Examine and Analyse the impact of international trade [Grade C-B] Evaluate the pros and cons & Justify your views on international trade [Grade A-A*]

7 Economics Section:Further Reading Keywords – International trade ; free trade ; domestically ; competition ; choice ; overspecialization KeywordPronunciationDefinition International trade Free trade Domestic market Overspecialization Choice CONNECTIVES

8 Economics Section:Further Reading Keywords – International trade ; free trade ; domestically ; competition ; choice ; overspecialization CONNECTIVES for Analysis CONNECTIVES for Application CONNECTIVES for Evaluation COMPARING Equally… As with… Like… In the same way… Similarly… Even so… Likewise… CAUSE & EFFECT Consequently…Due to… As a result…Therefore.. Because of…Because… CONCLUDING Firstly…After… Secondly…Before… Overall…I believe… Finally…I think … In conclusion…it depends… To conclude…short term… Meanwhile…Long term… CONTRASTING Although…Except… Moreover…If… However…Yet… Apart from…Unless… Despite…As long as… EMPHASISING Most importantly… Significantly… Notably… Especially… Above all… In particular… Indeed… QUALIFYING Despite…Yet… As long as…Unless… Apart from…If… Moreover…Except… However…Although… ADDING In addition…And… Too…Also… Additionally…As well as… Furthermore… ILLUSTRATING For instance…Such as… In the case of…So… For example… As revealed by… As illustrated by…

9 Economics Section:Further Reading Keywords – International trade ; free trade ; domestically ; competition ; choice ; overspecialization Climb the Ladder A-A* 1.To what extent is free trade a benefit 2.Do you think free trade will help with global recession 3.Evaluate whether free trade should be reduced (10-14m) 10+ connectives & key words C-B 1.Explain international trade 2.Compare free trade to non free trade 3.Analyse advantages and disadvantages of free trade (5-9m) 5+ connectives & key words E-D 1.Define international trade 2.Describe free trade (2-4m) 2 + connectives & key words ATD Apply to Apply to demonstrate

10 Economics Section:Further Reading Keywords – International trade ; free trade ; domestically ; competition ; choice ; overspecialization Prepare for Learning Where are your clothes made? Why are they not produced domestically? PfL

11 Economics Section:Further Reading Keywords – International trade ; free trade ; domestically ; competition ; choice ; overspecialization Prepare for Learning What does the image show? Who trades the most? The least? PfL

12 Economics Section:Further Reading Keywords – International trade ; free trade ; domestically ; competition ; choice ; overspecialization Present New Information International trade is countries buying and selling goods and services from abroad. International trade is good because; It raises living standards by boosting output and GDP. Consumers obtain goods and services not produced domestically. Consumers can buy G&S at lower cost per unit from more efficient countries. PNI

13 Economics Section:Further Reading Keywords – International trade ; free trade ; domestically ; competition ; choice ; overspecialization Present New Information PNI International trade is NOT good because; Overspecialization – Countries over rely on their exports, e.g. corn. Primary products can be prone to drought and therefore reduce export income.

14 Economics Section:Further Reading Keywords – International trade ; free trade ; domestically ; competition ; choice ; overspecialization Apply to Demonstrate 1.Using examples explain why countries trade? (3) 2.Explain which country specializes in rice exports? (3) 3.Analyse an advantage to US trading in grain in grain. (4) 4.Analyse an advantage of Saudi Arabia trading in grain? (4) 5. Evaluate whether free trade in grain is beneficial to the consumer in Japan. (8) ATD Apply to Apply to demonstrate

15 Economics Section:Further Reading Keywords – International trade ; free trade ; domestically ; competition ; choice ; overspecialization Apply to Demonstrate ATD Apply to Apply to demonstrate Discuss with your partner who is benefiting the most from free trade in diagram. Use data to improve your answer.

16 Economics Section:Further Reading Keywords – International trade ; free trade ; domestically ; competition ; choice ; overspecialization Review the Learning Is international trade good for Consumers Firms Governments Environment R Review the Learning Review the Learning

17 Economics Section:Further Reading Keywords – International trade ; free trade ; domestically ; competition ; choice ; overspecialization PLENARIES

18 Economics Section:Further Reading Keywords – International trade ; free trade ; domestically ; competition ; choice ; overspecialization Climb the Ladder A-A* 1.To what extent is free trade a benefit 2.Do you think free trade will help with global recession 3.Evaluate whether free trade should be reduced (8-12m) 8+ connectives & key words C-B 1.Explain international trade 2.Compare free trade to non free trade 3.Analyse advantages and disadvantages of free trade (5-8m) 5+ connectives & key words E-D 1.Define international trade 2.Describe free trade (2-4m) 2 + connectives & key words ATD Apply to Apply to demonstrate

19 Economics Section:Further Reading Keywords – International trade ; free trade ; domestically ; competition ; choice ; overspecialization Pass the Parcel Add as much information you can remember from today’s lesson When the horn blows – pass your sheet to the next table! R Review the Learning Review the Learning

20 Economics Section:Further Reading Keywords – International trade ; free trade ; domestically ; competition ; choice ; overspecialization Neighbours 2 things your neighbour has learnt today 1 question your neighbour wants to ask R Review the Learning Review the Learning

21 Economics Section:Further Reading Keywords – International trade ; free trade ; domestically ; competition ; choice ; overspecialization Summarise your learning today into a single tweet 140 characters Keep all of the information Tweet STOP R Review the Learning Review the Learning

22 Economics Section:Further Reading Keywords – International trade ; free trade ; domestically ; competition ; choice ; overspecialization 1 question you need to ask 2 new things you learnt 3 pieces of information R Review the Learning Review the Learning

23 Economics Section:Further Reading Keywords – International trade ; free trade ; domestically ; competition ; choice ; overspecialization 5 minutes... GO STOP

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