FreeMathWorksheet
FreeMathWorksheet

Differentiated Learning

TN-ECON-GR5-32055 · v3.-6

Applying Trade

Grade 5 · Economics · Trade · College Board (AP/SAT)

Grade

Grade 5

Subject

Economics

Topic

Trade

Subtopic

Applying Trade

Curriculum

College Board (AP/SAT)

Difficulty

Mixed

Time

35 minutes

Total marks

46

Student name

Teacher name

Date

Learning objectives

  • Recognise applying trade accurately in economics contexts.
  • Explain the underlying rule of applying trade in the student's own words.
  • Apply applying trade to multi-step and unfamiliar problems.
  • Justify a chosen method and identify errors in another student's work.

Skills assessed

  • Fluency and recall
  • Method and setting out
  • Reasoning and justification
  • Problem solving in context
  • Self-assessment

Instructions

  1. Write your name, your teacher's name and the date in the header.
  2. Answer every question in the space provided. Continue on the back if needed.
  3. Show all working — method marks are awarded even when the final answer is wrong.
  4. Aim to finish in about 35 minutes.
  5. Complete the reflection box at the end before you hand the sheet in.

Warm-up

Bloom: Remember · 4 marks

Answer quickly. These check you are ready for the topic.

  1. 1.Name one fact you already know about applying trade.

    [1]
  2. 2.State one fact you already know about applying trade.

    [1]
  3. 3.Write down one fact you already know about applying trade.

    [1]
  4. 4.Name one fact you already know about applying trade.

    [1]

Recall

Bloom: Remember · 4 marks

Complete from memory. No calculator, no notes.

  1. 1.Label the key term used in applying trade described here: item 1.

    [1]
  2. 2.Label the key term used in applying trade described here: item 2.

    [1]
  3. 3.Label the key term used in applying trade described here: item 3.

    [1]
  4. 4.Define the key term used in applying trade described here: item 4.

    [1]

FreeMathWorksheet · TN-ECON-GR5-32055 · v3.-6

© 2026 FreeMathWorksheet. Licensed for classroom and home use. Redistribution or resale is not permitted.

Page 1 of 4

FreeMathWorksheet · Grade 5 Economics

Applying Trade

Basic Practice

Bloom: Understand · 5 marks

Work through each item. Show the step you used.

  1. 1.Complete part 1 using the rule for applying trade.

    [1]
  2. 2.Complete part 2 using the rule for applying trade.

    [1]
  3. 3.Work out part 3 using the rule for applying trade.

    [1]
  4. 4.Complete part 4 using the rule for applying trade.

    [1]
  5. 5.Match part 5 using the rule for applying trade.

    [1]

Guided Practice

Bloom: Understand · 8 marks

The first step is given. Finish the reasoning.

  1. 1.Complete the method for part 1. Step 1 has been started for you.

    [2]
  2. 2.Using the first step given, finish part 2. Step 1 has been started for you.

    [2]
  3. 3.Continue the working for part 3. Step 1 has been started for you.

    [2]
  4. 4.Using the first step given, finish part 4. Step 1 has been started for you.

    [2]

FreeMathWorksheet · TN-ECON-GR5-32055 · v3.-6

© 2026 FreeMathWorksheet. Licensed for classroom and home use. Redistribution or resale is not permitted.

Page 2 of 4

FreeMathWorksheet · Grade 5 Economics

Applying Trade

Independent Practice

Bloom: Apply · 10 marks

No scaffolding. Set out your full method.

  1. 1.Work out fully part 1 on applying trade without help.

    [2]
  2. 2.Work out fully part 2 on applying trade without help.

    [2]
  3. 3.Calculate part 3 on applying trade without help.

    [2]
  4. 4.Determine part 4 on applying trade without help.

    [2]
  5. 5.Solve part 5 on applying trade without help.

    [2]

Challenge Questions

Bloom: Analyse · 9 marks

Harder items. Attempt every one, even partially.

  1. 1.Show that the statement in part 1 about applying trade.

    [3]
  2. 2.Find and justify the statement in part 2 about applying trade.

    [3]
  3. 3.Prove the statement in part 3 about applying trade.

    [3]

FreeMathWorksheet · TN-ECON-GR5-32055 · v3.-6

© 2026 FreeMathWorksheet. Licensed for classroom and home use. Redistribution or resale is not permitted.

Page 3 of 4

FreeMathWorksheet · Grade 5 Economics

Applying Trade

Real-life Application

Bloom: Apply · 6 marks

Use the skill in context. State units in your answer.

  1. 1.Use the information to decide a real economics situation that depends on applying trade.

    [3]
  2. 2.Apply a real economics situation that depends on applying trade.

    [3]

Reflection

Bloom: Create · 0 marks

Not marked. Answer honestly — this guides your next worksheet.

  1. 1.Describe how confident you feel with applying trade and what you will practise next.

    [—]
  2. 2.Describe how confident you feel with applying trade and what you will practise next.

    [—]

FreeMathWorksheet · TN-ECON-GR5-32055 · v3.-6

© 2026 FreeMathWorksheet. Licensed for classroom and home use. Redistribution or resale is not permitted.

Page 4 of 4