Is a trade deficit bad for us?
An inquiry design model assignment
An inquiry design model assignment
Almost every day it seems we hear someone say China is beating us in trade. What does that even mean? You may have heard some politicians claim we are losing when it comes to International Trade or our Trade Deficit. Trade Deficit, well, that does sound bad, doesn't it? Well, is it bad? To answer that question, we will analyze a series of supporting questions and sources to help us answer the compelling question "Is a Trade Deficit Bad for Us?"
So, this is the debate we hear people discussing pretty regularly. So what is the deal? Is a Trade Deficit bad for us?
The following supporting questions should help you answer this overall compelling question.
1. Why do some countries restrict trade?
2. What is the difference between balance of payments and balance of trade?
3. How does a depreciating dollar impact trade?
For each supporting question, there are tasks for you to complete. At the end of the inquiry, there will be a summative performance task. Click the navigational links above to go to the questions. I recommend reading through the glossary terms prior to starting with Question 1.
The following supporting questions should help you answer this overall compelling question.
1. Why do some countries restrict trade?
2. What is the difference between balance of payments and balance of trade?
3. How does a depreciating dollar impact trade?
For each supporting question, there are tasks for you to complete. At the end of the inquiry, there will be a summative performance task. Click the navigational links above to go to the questions. I recommend reading through the glossary terms prior to starting with Question 1.