SS.912.E.3.2

Examine absolute and comparative advantage, and explain why most trade occurs because of comparative advantage.
General Information
Subject Area: Social Studies
Grade: 912
Strand: Economics
Status: State Board Approved

Related Courses

This benchmark is part of these courses.
2102310: Economics (Specifically in versions: 2014 - 2015, 2015 - 2019, 2019 - 2022, 2022 and beyond (current))
2102320: Economics Honors (Specifically in versions: 2014 - 2015, 2015 - 2019, 2019 - 2022, 2022 and beyond (current))
2102380: The American Economic Experience: Scarcity and Choice (Specifically in versions: 2014 - 2015, 2015 - 2020 (course terminated))
2102390: The American Economic Experience: Scarcity and Choice Honors (Specifically in versions: 2014 - 2015, 2015 - 2022, 2022 and beyond (current))
2102800: Florida’s Preinternational Baccalaureate Comparative Economics With Financial Literacy (Specifically in versions: 2014 - 2015, 2015 - 2022, 2022 and beyond (current))
7921020: Access Economics (Specifically in versions: 2014 - 2015, 2015 - 2019, 2019 and beyond (current))
2102315: Economics for Credit Recovery (Specifically in versions: 2014 - 2015, 2015 - 2019, 2019 - 2022, 2022 and beyond (current))
2102335: Economics with Financial Literacy (Specifically in versions: 2014 - 2015, 2015 - 2018, 2018 - 2022, 2022 and beyond (current))
2102340: Economics with Financial Literacy for Credit Recovery (Specifically in versions: 2015 - 2018, 2018 - 2022, 2022 and beyond (current))
2102345: Economics with Financial Literacy Honors (Specifically in versions: 2014 - 2015, 2015 - 2018, 2018 - 2022, 2022 and beyond (current))
7921040: Fundamental Economics (Specifically in versions: 2013 - 2015, 2015 - 2017 (course terminated))
7921042: Fundamental Economics with Financial Literacy (Specifically in versions: 2014 - 2015, 2015 - 2017 (course terminated))
7921022: Access Economics with Financial Literacy (Specifically in versions: 2014 - 2015, 2015 - 2018, 2018 and beyond (current))
2100362: Latin American Studies Honors (Specifically in versions: 2020 - 2022, 2022 - 2023 (current), 2023 and beyond)

Related Access Points

Alternate version of this benchmark for students with significant cognitive disabilities.
SS.912.E.3.In.b: Identify economic advantages a country may have when trading with another country, such as abundant natural resources and a cheap labor force.
SS.912.E.3.Su.b: Recognize examples of economic advantages a country may have when trading with another country, such as abundant natural resources.
SS.912.E.3.Pa.b: Recognize the advantage of a trade.

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