Module 14: Markets Without Borders
In Markets Without Borders, students become familiar with the interdependence of different countries in today’s global economy. They examine the role of trade in the global economy and analyze the purposes and effects of quotas, tariffs, and trade agreements on businesses, governments, and individuals throughout the world. Students analyze the challenges of conducting intercultural business and trade, and they develop international agreements that balance the conflicting interests of different nations. Throughout this module, students participate in Global Economic Exchange, a Web-based international relations simulation in which they take on the roles of policymakers for particular countries. In an attempt to serve the best interests of their project country’s citizens, students propose and negotiate trade agreements, set trade policy, and cast their votes on international regulations. Students create a Country Briefing Handbook, a compilation of information about their project country’s economy, trade relations, laws, and social and environmental issues related to globalization.
(In Global Citizens, students draw on the information and resources in these handbooks to make recommendations to a fictional company that has recently located a facility in another country.)