Summary:	Reflections on issues surrounding international trade
	1 – 2 hours
	Linked to assessment

Understanding the pros and cons of international trade.

1. Re-read these lecture notes.
2. Follow up by revisiting this section about trade advantages.

Trade and globalization are two of the biggest drivers in macroeconomics and international trade. The purpose of this learning challenge is:

• To learn about trade and tariffs.
• To learn about free trade.
• To understand the pros and cons of international trade and free trade.