
Activity 1: Free Trade versus Protectionism
Aims
To see the possible effects of protectionism and free trade on countries’
economies.
National Curriculum links
Pupils should be taught:
1(e) about how the economy functions; (j) about the wider
issues and challenges of global interdependence and responsibility
2(c) to contribute to group and exploratory class discussions,
and take part in formal debates
Resources
Activity A
- Pupils read the definitions of protectionism and free trade on Activity
Sheet 1.1.
- Ensure that they understand the difference. This may take some time.
- Pupils cut out the cards on Activity Sheet 1.2 and place the cards
in two rows as directed on Activity Sheet 1.1 (‘Advantages of free trade’
and ‘Advantages of protectionism’).
- Pupils to add one more advantage of both protectionism and free trade.
Activity B
- Pupils to read and discuss the two paragraphs.
- Consider in what situations free trade is best and in what situations
protectionism is best.
Differentiation
Work individually, in pairs or groups, depending on ability
Extension
- Introduce the World Trade Organisation (WTO) explaining that its role
is to monitor trade and tariffs, and that it wields considerable power
to rule against national laws if they are seen to restrict the freedom
of global trade. Ask one pupil or group of pupils to find criticisms
of its role and another to find praise of it. Pupils might use the following
websites and those of newspapers:
- Write a report based on a class discussion of the
relative merits of free trade, protectionism or a combination of the
two.
Discussion
Activity C
What do you think is the best policy (free trade or
protectionism) for:
- a developing country?
- a developed country?
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