Comparative Advantage: Trading Pizzas and Brownies
In this lesson, students play the role of producers in two fictional countries, Acca and Dur. Students use production cards to construct production possibilities tables and graphs. These tables and graphs are used to discuss productivity, opportunity costs, and comparative advantage. Producers in each country discover that if they specialize and trade, they are able to produce and consume more goods than they would have been able to produce and consume on their own.
---
If you have difficulty accessing this content due to a disability, please contact us at economiceducation@stls.frb.org or call the St. Louis Fed at 314-444-8444 and ask for Economic Education.
Find More Economics and Personal Finance Resources
Education Level:
9-12
Subjects:
AP Economics
,
Economics
Concepts:
Trade/International Trade
,
Opportunity Cost
,
Production Possibilities Frontier
Resource Types:
Lesson
,
PowerPoint
Languages:
English
