TEKS: Chapter 118. Economics See All Teacher Resources

118.4.c.4

(4) Economics. The student understands the issues of free trade and the effects of trade barriers. The student is expected to:

• (A) compare the effects of free trade and trade barriers on economic activities;
• (B) evaluate the benefits and costs of participation in international free-trade agreements; and
• (C) analyze the effects of changes in exchange rates on imports and exports.