This lesson addresses the debate between free trade and tariffs, using historical and contemporary examples to illustrate their impact on economies and societies. It focuses on the Corn Laws in 19th-century Britain and modern trade disputes.
Activities:
- Class debate on the merits of free trade versus protectionist tariffs, using examples from the lesson.
- Analysis of historical documents related to the Corn Laws.
- Role-play as economic advisors to simulate the decision-making process on trade policies.
- Writing exercise to argue both sides of the trade policy debate, applying economic theories and historical outcomes.
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