USH.SS.17.E

Describe the dynamic relationship between U.S. international trade policies and the U.S. free enterprise system such as the Organization of Petroleum Exporting Countries (OPEC) oil embargo, the General Agreement on Tariffs and Trade (GATT), and the North American Free Trade Agreement (NAFTA).

United States History Studies Since 1877 · Texas Essential Knowledge and Skills (TEKS) · TEKS 2010

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Vocabulary
dynamic relationshipU.S. international trade policiesU.S. free enterprise systemOrganization of Petroleum Exporting Countries (OPEC)oil embargoGeneral Agreement on Tariffs and Trade (GATT)North American Free Trade Agreement (NAFTA)
Skills
  • describe (the dynamic relationship between U.S. international trade policies and the U.S. free enterprise system) #dok1
  • identify (examples of international trade policies such as OPEC oil embargo, GATT, and NAFTA) #dok1
  • analyze (the effects of specific trade policies on the free enterprise system) #dok2
  • compare (different international trade policies and their impact) #dok2
  • evaluate (the impact of trade agreements on the U.S. economy and society) #dok3
Learning Targets
  • I can describe the relationship between U.S. international trade policies and the U.S. free enterprise system. #dok1
  • I can identify major international trade policies impacting the U.S. free enterprise system, such as OPEC oil embargo, GATT, and NAFTA. #dok1
  • I can analyze how trade policies like OPEC oil embargo, GATT, and NAFTA affect the free enterprise system in the United States. #dok2
  • I can compare the effects of different international trade agreements on the U.S. economy. #dok2
  • I can evaluate how trade policies have shaped business opportunities and economic growth in the U.S. #dok3
Big Ideas
  • International trade policies and the free enterprise system interact dynamically, influencing economic opportunities and challenges for the United States.
  • Major trade agreements and embargoes, such as OPEC oil embargo, GATT, and NAFTA, have played significant roles in shaping the U.S. economy and business environment.
Essential Questions
  • How do international trade policies influence the free enterprise system in the United States?
  • What were the purposes and outcomes of major trade agreements and embargoes like the OPEC oil embargo, GATT, and NAFTA?
  • In what ways do trade policies create both opportunities and challenges for the U.S. economy?
  • How has the relationship between trade policy and free enterprise evolved over time?
  • Why is it important for the United States to balance its trade interests with principles of a free enterprise system?