Objectives
1. Describe the pros and cons of heightened economic globalization.
2. Explain how exchange rate variations affect American importers, exporters and travelers abroad.
Comparative Advantage and Gains from Trade (Khan Academy)
Comparative Advantage and Absolute Advantage (Khan Academy)
Global Rich List - See how rich you are compared to the rest of the world
International statistics relating to economics and poverty
Most Americans vastly underestimate how rich they are compared with the rest of the world. Does it matter? (archive)