Poverty, Trade & Aid

Whāinga ako: Lesson Goals

Students will understand the concept of trade aid and its role in international trade.
Students will explore the goals and impacts of trade aid on developing countries.
Students will analyse real-world examples of trade aid programs and their effectiveness.

Kupu matua - Keywords

Trade aid, poverty, employment, economic growth, wealth, global trade

Mahi - Work

Starter

What comes to mind when you hear the term "international trade"?

What role does it play in the global economy? (How does trade between countries affect their wealth?)

What is trade aid?

Trade Aid

The primary aim of trade aid is to help developing countries improve their trade capacity and gain better access to global markets.

Discuss how trade aid programs often focus on building infrastructure, enhancing trade policies, and providing technical assistance.

Below is a worksheet to go with this video.

designs_wva_worksheet5_v4.pdf

How does Trade Aid help?

There are three key things that positively impact developing countries:

Economic Growth - this means they make more money from other countries and that comes into their contry
Creates more jobs - more workers are needed and more skills are learned and passed on
Reduces poverty - with more jobs and more money coming into the country there should be reduced poverty.