intl trade in the 2000s

International Trade in the New Millennium

Get Ready:
What Do I need?

Mr. Gonzales

​What should be at your desk

Get out from the bin/bag

Multiple Choice

What vocabulary term matches this definition?

Business strategy where companies keep minimal inventory and receive goods only as needed, reducing storage costs and improving efficiency

Use your New Millennium Packet

• Hoarding Strategy

• Just-in-time inventory management

• NAFTA

• Bulk Purchase Approach

Multiple Choice

What are one of the cons of NAFTA?

• Improved environmental regulations across North America.
• Increased trade opportunities for all countries involved.
• It contributed to the loss of United States manufacturing jobs

• Higher wages for workers in the United States.

Multiple Choice

What are one of the pros of the North Atlantic Free Trade Organization?

(Page 4)

• Increased tariffs on imports from non-member countries.
• Decreased competition among member countries.
• Limited access to international markets for member countries.
• Increased trade and economic growth among member countries.

Obj: International Trade in a New Millennium

We Will Understand the impact of International Trade Policies

I will Identify the causes in a graphic organizer, analyze the impact in a pros/cons chart and create a proposal to address the trade deficit

Part One: Mapping Out eh Causes of International Trade then putting them into a Graphic Organizer
Part Two: Reading and Analyzing the Impact of International Trade then putting together a pro/con list
Finale: Creating a one paragraph proposal on how to address the economic consequences of global trade

Follow the U.S. Trade directions sheet, the atlas, activity map and map marker to create your international trade map on your dry erase map

Once you are complete, I will check it over.

After you get a complete map, I will give you the graphic organizer so you have it for yourself

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Complete the map

Open Ended

Do you think having more imports than exports is a good or bad thing? Why?