Illustrating trade in the classroom: How free trade can create wealth and decrease hunger, literally
Abstract
This paper illustrates an active learning exercise for use in introductory economics courses to teach the benefits of trade. The easily implemented classroom game allows students to experience the power of trade on a first hand basis. This game stimulates a number of discussion topics including comparative advantage, voluntary exchange, exploitation, externalities of trade, and inequality.
Recommended Citation
(2004)
"Illustrating trade in the classroom: How free trade can create wealth and decrease hunger, literally,"
Journal of Economics and Finance Education: Vol. 3:
Iss.
2, Article 4.
Available at:
https://scholarship.rollins.edu/jefe/vol3/iss2/4