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Class: Senior Secondary School 1
Age: 15 years
Duration: 40 minutes of 2 periods each
Topic:- Foreign trade- meaning, types, advantages and disadvantages
SPECIFIC OBJECTIVES: At the end of the lesson, pupils should be able to
INSTRUCTIONAL TECHNIQUES: Identification, explanation, questions and answers, demonstration, videos from source
INSTRUCTIONAL MATERIALS: Videos, loud speaker, textbook, pictures
The teacher reviews the previous lesson on arguments for and against the elimination of the wholesale channel of distribution
Students pay attention
She explains foreign trade. She further states and explains the types of foreign trade
Students pay attention and participates
She further discusses the advantages and disadvantages of foreign trade
Students pay attention and participate
The teacher writes a summarized note on the board
The students copy the note in their books
Foreign trade is the buying and selling of goods beyond the boarders
of a country.
TYPES OF FOREIGN TRADE
iii. Entreport: It is the re-exporting of goods that have been imported from
ADVANTAGES OF FOREIGN TRADE
goods, which best suits its environments. It thus leads to maximum use of
its natural resources.
produce due to higher costs at home.
Specialization leads to lowering of costs and improving the quality of
from the developed world. They can thus speedily break the vicious circle
their own countries.
Earthquake, floods etc. The affected countries are able to import goods
which they are short in supply.
DISADVANTAGES OF FOREIGN TRADE
are not able to grow and survive.
the import of machinery, technology etc the developed nations exploit the
weaker nations and charge very high prices from them.
of the poor nations.
country, it will be exhausted in a shorter span of time. The country then
suffers economically in the long run.
It leads to ill-will, hatred and eventually to wars among them. This disturbs
concessions and reduce restrictions on imports and adopt free trade. If the
developing countries are lured and agree to join such agreements, they
economically suffer in the long run.
EVALUATION: 1. Define foreign trade
CLASSWORK: As in evaluation
CONCLUSION: The teacher commends the students positively