USA National Standards for Concept "Comparative Advantage"
NATIONAL STANDARD 6 -
Students will understand that:
When individuals, regions, and nations specialize in what they can produce at the lowest cost and then trade with others, both production and consumption increase.
Students will be able to use this knowledge to:
Explain how they can benefit themselves and others by developing special skills and strengths.
You can find additional online lessons on US Standard 6 from the Council for Economic Education Website.