Define/explain the following concepts, with an emphasis on individual, family, and community applications and impacts: absolute advantage, comparative advantage, quotas, tariffs, exchange rates, balance of payments, balance of trade, trade deficit.
Standard detail
CE 10.1
Depth 1Parent ID: 33D2C93BAEA64727BE8F59B2A199FA06Standard set: Consumer Economics
Original statement
Quick facts
- Statement code
- CE 10.1
- List ID
- a
- Standard ID
- D70B570864BD450F888E73E230FBE782
- Subject
- CTE
- Grades
- 09, 10, 11, 12
- Ancestor IDs
- 33D2C93BAEA64727BE8F59B2A199FA06
- Source document
- Indiana Department of Education
- License
- CC BY 4.0 US