Students completed a simulation where they could "shop" for items. The catch: they each had a different type of currency and each store only accepted one form of currency. The first round, they were open to trade. The second round, we created a World Bank where they could trade quicker then trading with a friend. The third round, we introduced the Euro as a common form of currency that could buy from each store. This made the process of buying goods even easier!
Students have been learning about absolute and comparative advantage. Today, we are using econlowdown's great online modules to put it into perspective a little bit more!
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