Dienstag, 16. Oktober 2018

Free trade game


Hello everybody!



I thought that the experiment, which we were allowed to take part at today, really deserves a blog entry. That is why I decided to write about it in the following lines.

We played a game where our class was split up in two unequal groups. Two thirds of my classmates and I were playing the role of a developing country and the other part was a wealthy country. We were asked to produce bread and cars, which had different productions spans in each country. In the first round we were only allowed to trade with our group. Unfortunately, that didn't go well. Almost no one was able to trade with anything, because everyone had a lack of cars and a surplus of bread.

In the second round we were allowed to trade "internationally", so there was no limitation to only our country. Because the development country specialized on the bread production, considering that it was the most efficient for us, we had a shortage of cars. The other ones fabricated both products relatively equally. Therefore, we couldn’t really trade with them.

It was very interesting to see how trading changes, when you do it across the border.

Our little experiment showed how globalisation should not work out. If everyone has specialized on the products they can make most efficiently, global trade would have worked out way better.

Thanks for reading my entry!



Roberta.

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