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Advantages of a Common Market

Advantages of a Common Market. 1.8.13. SWBAT list 3 advantages of a common market by analyzing the implementation of the Euro. Materials . Homework. 1 paragraph in your NB. NB Pencil. DO NOW: write a complete sentence in your NB.

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Advantages of a Common Market

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  1. Advantages of a Common Market 1.8.13

  2. SWBAT list 3 advantages of a common market by analyzing the implementation of the Euro Materials Homework 1 paragraph in your NB. • NB • Pencil

  3. DO NOW: write a complete sentence in your NB 1. Which of these best describes how the colonists viewed themselves in 1774? • They saw themselves as united Americans. • They saw themselves as dependent on the king. • They saw themselves as citizens of their individual colonies. • They saw themselves as united under the British government. • In 1774 colonists viewed themselves as….

  4. Do Now: bullet point your answers in your NB 2. What were some weaknesses of the Articles of Confederation? • Weaknesses of the Articles of Confederation were…

  5. Work with your table to answer questions 1-3: Following is a list of the weaknesses of the Articles of Confederation: • Each state only had one vote in Congress, regardless of size. • Congress had not have the power to tax. • Congress did not have the power to regulate foreign and interstate commerce. • There was no executive branch to enforce any acts passed by Congress. • There was no national court system. • Amendments to the Articles of Confederation required a unanimous vote. • Laws required a 9/13 majority to pass in Congress. • Between 1781-1789 did all states have the same currency? • Was Congress able to regulate trade? • Do you think this made a strong country or a weak country? Explain.

  6. Scenario 1: • Hoth and Endor have a common market, which means they can trade with each other very easily. They do not need to pay any extra fees or taxes on goods. Hoth and Bespin do not have a common market. If you lived on Hoth and you wanted goods from Bespin it would cost you double because of extra taxes. • Discuss with your partner and then answer questions 1-2 in your NB. • What is a common market? • If you lived on Hoth, which planet would you choose to trade with? Why?

  7. The Euro • In your NB write, “The Euro” • You will take down notes in your NB: 1 bullet point per paragraph • Please, do not write on the paper they are a class set.

  8. Answer in your NB: • Based on the reading why did European countries adopt the Euro? • Do you agree with Europe’s decision to adopt the Euro? Why? • How would having the same currency affect trade? • What are 3 benefits of having a common market?

  9. Homework: 1 paragraph in your NB In 1781 did the U.S. have a common market? What is a common market and why would they want one?

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