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A Taste of Protectionism: Coca-Cola in the Classroom
Originally published in The Journal of Private Enterprise
Trade restrictions typically cost students very little as a percent of their expenditures, so it is all too easy for them to conclude that economists' ideas about international trade are abstract and apply little to their daily lives.
Trade restrictions typically cost students very little as a percent of their expenditures, so it is all too easy for them to conclude that economists' ideas about international trade are abstract and apply little to their daily lives. Conducting a Coca-Cola tasting in the classroom can help drive home how international trade policy affects them in a way that they will remember beyond the final exam.
Find the article at The Journal of Private Enterprise.
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