Sunday, September 25, 2016

Day 19 Agenda (Friday 09/23/16)

Mr. C's SMART Lunch Availability This Week
Lunch Monday Tuesday Wednesday Thursday Friday
A CLOSED CLOSED CLOSED CLOSED CLOSED
B CLOSED CLOSED CLOSED CLOSED CLOSED
Motivation for the Week:
"Patience is not the ability to wait but how you act while waiting."
- Joyce Meyer

Agenda
1) Trade Barriers
I defined and explained the different trade barriers (Protective tariffs, Import Quotas, Nontariff Barriers, Export Subsidies) and illustrated the impact it has on Supply and Demand and impacting the Price of Related Goods - Substitutes as a determinant of demand for domestic goods.

2) Gold Standard
We watched part of the History Channel Secrets Revealed "Fort Knox" video.


Homework
Read and Note pages 104-15 and complete Activity 51 in the new packet, all regarding Trade Barriers.