Module Workbook

Module 19: Business Studies

International trade and integration.

Use this workbook to practice core KCSE communication skills and record evidence of progress.

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SECTION: BUSINESS STUDIES

MODULE: 19

Part A: Units

International trade

a. Meaning of international trade

b. Advantages and disadvantages of international trade

c. Terms of trade

d. Reasons for differences in terms of trade between countries

e. Balance of payments accounts

f. Balance of payments disequilibrium

g. Correcting balance of payments disequilibrium

h. Terms of sale in international trade

i. Documents used in international trade

j. International financial institutions

k. Forms of economic integration

l. Importance of economic integration to a country

m. Free trade vis a vis trade restriction

n. Advantages and disadvantages of trade restriction

o. Exchange rate

p. Trends in international trade

Part B: Project

Analyze a country trade profile and integration bloc.

Project Title: International Trade Profile

Objective: Explain trade terms, documents, and integration benefits.

Project Instructions:

1. Define international trade and list two advantages and disadvantages.
2. Explain terms of trade and one reason they differ between countries.
3. Identify two international trade documents and their uses.
4. Describe one regional integration bloc and its benefits.
5. Summarize exchange rate effects on trade.
6. Consult your coach where necessary.

Evidence to Submit:

• Trade definitions and advantages/disadvantages.
• Documents and integration notes.
• Exchange rate summary.

Submission

Part C: Training Others

Teach a peer about trade terms and integration.

Guidance:

• Explain terms of trade and exchange rates.
• Discuss trade restrictions and free trade.
• Introduce economic integration benefits.

Reflection:

• What did the learner understand well?
• Which topic was difficult?
• What support do you need from your coach?

Submission

Part D: Assessment

Competency Levels:

1 = Expectations not met

2 = Partially met

3 = Satisfactorily met

4 = Excellently met

Coach assessment: Learner completes the self-assessment using the 1-4 scale. The coach prepares a short quiz or conversation (outside the system if needed) and assigns the coach score.

Self-assessment:

• Trade terms and documents:
• Balance of payments and exchange rates:
• Integration and trade restrictions:

Coach assessment:

• Trade terms and documents:
• Balance of payments and exchange rates:
• Integration and trade restrictions:

Submission

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