Trading
Around the
World Game
REDACTED
Directions
Click on the link below to play "Trading Around the
World." Read the instructions carefully and play the
game. After you have played and spent your money
trading, return to this assignment to complete the
reflection. Make sure that your reflection uses
specifics from the game.
Hint: Make sure to keep a close eye on the Global
Economic Conditions meter, what may be a good
deal for one country may not be a good deal for the
other.
https://www.imf.org/external/np/exr/center/stude
nts/trade/index.htm
Screenshot
Include a screenshot of
your screen when you run
out of money in the game.
Reflection
Write a brief summary(5-8 Sentences) about your experience playing the
game. Your response may include your understanding of how the game
works in regards to how trading helps and hurts the economy depending on
trade agreements and pricing. What strategy did you use to play the game:
did you focus on building wealth? buying a wide range of goods for
consumers? or securing raw materials (natural resources) for industry?
The game works by trading products for money and vice versa, the only difference from the real
world is that you cannot trade product for product. When I traded for a price that I knew was too
high, the economy would fluctuate, similar to a price I knew was too low. When the economy
was weak, i would get trade responses such as, “I know money is tight for everyone right now,”
or, “I can barely afford this but here.” If I offered a high price, then the economy meter would go
up, and vise versa for when I would offer a low price. It was kind of impossible to play the game
and go broke, but it wasn’t sustainable either. I eventually ran out of goods to overprice and sell,
so I was stuck just buying items that I really didn’t have need for since there wasn't an obvious
goal to the game. I focused on building wealth and eventually gathered around $12,000 before I
spent all of it on rice. (That lady was overpricing it anyway so technically it wasn’t my fault.)
