International Trade Simulation

Abstract
The purpose of the International Trade Simulation was to learn and explain the basic concept of International Trade, emphasize the four key points from the reading assignments in the simulation, and apply these concepts to my workplace.
International Trade Simulation
Introduction
The simulation is assigned to familiarize one with the tools of International trade that government uses to keep the economy moving ahead. The theory of comparative advantage and the impact of tariffs, quotas, and dumping on international trade were introduced.…