Degrees of Economic Integration – IB student research project | Economics in Plain English

Feb 21 2013

Degrees of Economic Integration – IB student research project

Using chapter 24 in the textbook Pearson Baccalaureate’s Economics for the IB Diploma, you and your group are to prepare a short Google Presentation outlining the characteristics of, examples of and effectiveness of one of the types of trading blocs that countries may form to promote trade.

Instructions: 

  1. Sit with your group at a table. One person must log into their school Google Apps account and create a new Presentation. Share this presentation with the other group members.
  2. While the first person is creating the Presentation, the rest of the group should start reading (as a group) the section of chapter 24 on your assigned trading bloc.
  3. Once the group has read the correct section, begin working on #1 below. Summarize in large font the main characteristics of your assigned topic. Try to do this in no more than two slides.
  4.  Next, follow the link in #2 below and read about the suggested example. On one or two slides in your presentation, summarize the history and impact the trading bloc has had on member states.
  5. Finally, as a group, read pages 517-520 and then discuss with your partners the effectiveness of your assigned trading bloc at promoting the benefits of free trade discussed earlier in the course. Summarize your evaluation of your assigned trading block on one or two slides in your presentation.

Once your Google Presentation is finished (it should be between 4 and 8 slides), go to “File: Publish to the Web…”, select “start publishing” then copy the link to your presentation. In a comment on this post, include your group’s assigned topic, group member names, and the link to your presentation.

You have one period to complete this assignment. If it is not done by the end of class, please complete your presentation for homework and make sure the link is posted in the comment section before your next class!

Group 1: Preferential trade agreements (PTA)

  1. Define and identify the characteristics
  2. Research and summarize the history of a Preferential trade agreement: Latin American Integration Association (LAIA)
  3. Based on what you’ve learned, evaluate the effectiveness of a PTA at promoting the benefits of free trade  discussed earlier in this course (must read pages 517-520)

Group 2: Free trade agreement (FTA)

  1. Define and identify the characteristics
  2. Research and summarize the history of a free trade agreement: South Asian Free Trade Area
  3. Based on what you’ve learned, evaluate the effectiveness of an FTA at promoting the benefits of free trade  discussed earlier in this course (must read pages 517-520)

Group 3: Customs Union and Common Market

  1. Define and identify the characteristics. Distinguish between a customs union and a common market.
  2. Research and summarize the history of a customs union/common market: Southern Common Market (MERCOSUR)
  3. Based on what you’ve learned, evaluate the effectiveness of custom unions and common markets at promoting the benefits of free trade  discussed earlier in this course (must read pages 517-520)

Group 4: Monetary unions and complete economic integration

  1. Define and identify the characteristics. Distinguish between a monetary union and complete economic integration.
  2. Research and summarize the history of a monetary union: The Eurozone
  3. Based on what you’ve learned, evaluate the effectiveness of monetary unions and complete economic integration at promoting the benefits of free trade discussed earlier in this course (must read pages 517-520)

Share your findings: Once each group has put together a short Google Presentation with their findings, we will get into four new groups for the last part of class (one representative from each of the above groups represented) and share our presentations.


About the author:  Jason Welker teaches International Baccalaureate and Advanced Placement Economics at Zurich International School in Switzerland. In addition to publishing various online resources for economics students and teachers, Jason developed the online version of the Economics course for the IB and is has authored two Economics textbooks: Pearson Baccalaureate’s Economics for the IB Diploma and REA’s AP Macroeconomics Crash Course. Jason is a native of the Pacific Northwest of the United States, and is a passionate adventurer, who considers himself a skier / mountain biker who teaches Economics in his free time. He and his wife keep a ski chalet in the mountains of Northern Idaho, which now that they live in the Swiss Alps gets far too little use. Read more posts by this author

8 responses so far

8 Responses to “Degrees of Economic Integration – IB student research project”

  1. amaurus1on 22 Feb 2013 at 8:59 am

    https://docs.google.com/presentation/d/1OmfhoymMpsp2NP85I7SnJzH55jSbB6ANmVjqaRE9wFY/pub?start=false&loop=false&delayms=3000

  2. jgrahamon 22 Feb 2013 at 9:11 am

    https://docs.google.com/presentation/d/1tM25FR8ezG8wORN-cCijifN2XIT0g476-ZutEnuy6kE/pub?start=false&loop=false&delayms=3000

    Monetary Unions are the best!

  3. snandion 22 Feb 2013 at 9:12 am

    Saheli and Oli
    https://docs.google.com/presentation/d/1tgVIEHZO3eIX81sTii8horetNCszYzmo2Mfr5FOj7tM/pub?start=false&loop=false&delayms=3000

  4. sappelkviston 22 Feb 2013 at 9:13 am

    Sofie and Paul – Group 2

    https://docs.google.com/presentation/d/1INI7ZhodxacehqdYqXxfUYh3oXKL6aGHRXwpD3D0BWM/pub?start=false&loop=false&delayms=3000

  5. Science Studenton 07 Feb 2014 at 1:09 pm

    Thank you Jason, for sharing this useful info.

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    Degrees of Economic Integration – IB student research project | Economics in Plain English