ECONOMICS OF TRADE DEFICITS

The current U.S. trade deficit with China is over $200 billion, and China is accused of manipulating its currency to increase their exports (our imports). John Stossel then poses the question of whether this trade deficit indicates that the Chinese are treating us unfairly. Don Boudreaux, an economist from George Mason University, is interviewed to explain the economics of trade deficits and the benefits they create. The myth that American manufacturing is on the decline is specifically addressed with a graphic.
SEGMENT 16 / MECA DVD

NEED HELP WITH COMMON CORE?

Use our Standards Alignment Tool, to see which of our videos match the standards you need to meet.

View our MECA Instructor's Manual:

Full of lesson plans, graphic organizers, activity suggestions, viewing guides, assessment, and vocabulary.

(Available in English and Spanish)