Summary: Today we will continue learn about ways that countries block trade (protectionism) and the institutions that some use to facilitate trade (free trade organizations).
Inquiry Question: What are the costs of benefits of protectionism and what are the costs and benefits of free trade organizations?
Watch chapters 8-17 of Commanding Heights Episode 3.
Chapter 8: The Global Village 0:32:46
Chapter 9: China and the Tigers 0:39:32
Chapter 10: The Japanese Paradox 0:45:06
Chapter 11: Global Contagion Begins 0:48:07
Chapter 12: Contagion Engulfs Asia 0:56:00
Chapter 13: Russia Defaults 1:03:12
Chapter 14: The Crisis Reaches America 1:05:42
Chapter 15: The Global Debate 1:12:48
Chapter 16: The Battle Joined 1:15:37
Chapter 17: Failure at the Summit 1:20:45
Focus on this prompt as you watch and think specifically about the Mexico and the United States as you do so: Identify and explain 3 ways that the theories you learned in the first two days of this unit apply to the events in this section of the video.
Formative Assessment: You will have an assessment at the beginning of class. There will be three questions. I will use this rubric to assess your work.
Question #1 will be from my lecture (content knowledge).
Question #2 will be based on the podcast you listened to for homework (critical thinking).
Question #3 will require you to transfer what you've learned to a new problem (creativity).
Lecture: Barriers to Free Trade and Free Trade Organizations
Watch chapters 8-17 of Commanding Heights Episode 3.
Chapter 18: The Global Divide 1:25:42
Chapter 19: Captialism Redefined 1:28:12
Chapter 20: The Bottom End of Globalism 1:35:13
Chapter 21: Changing of the Guard 1:39:58
Chapter 22: The Battle Resumed 1:43:04
Chapter 23: Creating a More Peaceful World 1:49:42
Focus on this prompt: What are the costs and benefits of protectionism? What are the costs and benefits of free trade?