G12 - Week 1 - Day 2

In-class

1. Chapter 1 quiz
1. Mark
2. Determining Absolute and Comparative Advantage
1. Questions?
3. The Gains from International Trade in the PPC Model 
1. Questions?
4. Exercise 1 (HL Only)
5. Exercise 2 (Everyone)
6. Practice questions 1-3 (p. 430)

At-home

1. Review chapter 2 and be prepared for a short quiz next class.
2. The Gains from International Trade in the Demand and Supply model