Investigation should include economic, political, and environmental challenges, with examples of each.
Process/Skill Questions:
- What economic systems exist in the trading world? What challenges may arise when a country with one economic system exports to a country with a different economic system?
- What political factors create challenges to the United States as an exporting nation? Environmental factors?
- How have advances in technology aided and/or hindered the United States as a trading nation?
- What is the difference between an economic recession and depression?
- What events currently affect U.S. trade?
- What are the pros and cons of international interdependence? Is international interdependence increasing or decreasing? Explain.