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List of Benchmarks for Business Education 
 Standard 17.Understands that cultural difference, export/import opportunities, and current trends in a global marketplace can affect an entrepreneurial venture
  
Topics1. Entrepreneurship/Innovation; 2. International trade; 3. Business and the global marketplace
   Level IV (Grade 9-12)
  Benchmark 3.Knows some reasons entrepreneurs would want to trade with other countries (e.g., prices of goods may be lower in other countries, competition in other countries may not be as intense, profit margins may be higher in other countries)
   Vocabulary terms
A.  entrepreneurship
B.  international trade
  Knowledge/skill statements
  1. Knows some reasons why entrepreneurs would want to trade with other countries    
  2. Knows prices of goods may be lower in other countries   
  3. Knows competition in other countries may not be as intense    
  4. Knows profit margins may be higher in other countries    


Citation Log: BD(BI,87;​P4.2E,7)
Citation reference
BD = benchmark, declarative
BP = benchmark, procedural
BC = benchmark, contextual

1st letter/number of each code in parentheses:
2   Project 2061: Benchmarks for Science Literacy
AT   AEC: Australian Technology Standards
B   NBEA: National Standards for Business Education
B1,2   International Baccalaureate Math: Middle, High
BE   International Baccalaureate: Economics
C   Colorado Council on Economic Education
CB   California Business Education Framework
CC   CCE: National Standards for Civics
E   NCEE: Framework for Economics
G   Georgia Business Education Standards
GM   Georgia Marketing
I   Iowa School-to-Work Standards
J   JCEE: Economics, What and When
M   NCTM: Curric. & Eval. Standards for Math
MB   Model Programs for Business Education
MF   MarkED Foundations
N   EconomicsAmerica: NCEE Voluntary National Content Standards in Economics
N2   Nebraska Business Standards
NA   NAEP: Civics Consensus Project
NC   North Carolina Comprehensive Standards
ND   New York Career Development Standards
NS   NCISE: Science and Technology Education (Middle)
NY   New York Business Standards
P   NAEP: Mathematics Assessment Framework
PX.#   PACE: Program for Acquiring Competence in Entrepreneurship, X = unit number; # = level
Q   Queensland Business Organization and Management
QC   Quigley, Civitas
R   ITEA: Technology for All Americans
S   NCSS: Curriculum Standards in Social Studies
SC   SCANS: Skills and Tasks for Jobs
SS   National Science Education Standards
ST2,3   New Standards: Middle, High
TB   Texas Essential Knowledge and Skills for Business Education
TM   Texas Essential Knowledge and Skills for Marketing Education
TT   Texas Essential Knowledge and Skills for Technology Application
W   Wisconsin Marketing

2nd letter code :
E = Explicitly stated in document
I = Implicit in document

Number:
Page number of the cited document