👥 Team Information

Enter your team details to begin the simulation

Team Name

Country Name (Create Your Own)

Student 1 (Required)

Student 2

Student 3

Student 4

📚 About This Simulation

You will build a country, choose industries to specialize in, negotiate trade deals with other nations, and set government trade policies. Every decision has real consequences based on trade theory from Chapters 6 & 7. Choose wisely!

🏭 Choose Your Industries

Select exactly 2 industries your country will specialize in

Selected: 0 / 2 industries

💡 Comparative Advantage (Ricardo) & Heckscher-Ohlin Theory

Countries should specialize in industries where they have a comparative advantage—producing goods at lower opportunity cost. Heckscher-Ohlin says countries export goods that use their abundant factors intensively. You can only produce 2 goods—choose wisely, then trade for the rest!

🤝 Negotiate Trade Deals

Trade with other countries—or stay isolated (autarky)

⚠️ Warning: No Trade = Autarky

If you don't trade with anyone, your country must be self-sufficient. Historically, isolated economies (North Korea, Cuba, pre-1978 China) perform very poorly. Sachs & Warner found closed economies grow only 0.69%/year vs 4.49% for open economies. You can choose autarky, but it will hurt your score significantly.

🌐 Available Trading Partners

Click "Open Trade" to negotiate with a country. Look for the red "THEY NEED" box—export what partners need for maximum benefit!

📜 Set Trade Policy

Choose your government's trade policies (Chapter 7 concepts)

💡 Trade Policy Tradeoffs (Chapter 7)

Every policy has winners and losers. Tariffs are PRO-PRODUCER but ANTI-CONSUMER. Strategic subsidies may capture first-mover advantages but risk retaliation. Be consistent—contradictory policies (like high tariffs + demanding free trade from others) will hurt your results.

🌍 Global Trade Simulation