Economics · International Economics

Trade Wars: Tariffs, Quotas and the Politics of Protectionism

Advanced A-Level economics simulation where the learner plays UK Secretary of State for Business and Trade across five trade-policy dilemmas — Chinese steel dumping, retaliation from Beijing, an India FTA, an EU wine tariff, and a strategic trade doctrine review — with live welfare-triangle reveals, stakeholder panels

5 rounds Executive English, Español

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About this simulation

Advanced A-Level economics simulation where the learner plays UK Secretary of State for Business and Trade across five trade-policy dilemmas — Chinese steel dumping, retaliation from Beijing, an India FTA, an EU wine tariff, and a strategic trade doctrine review — with live welfare-triangle reveals, stakeholder panels and a Political Capital / Export Health / Consumer Welfare tri-meter.

Who it is for

An advanced simulation for participants used to working with the main frameworks and trade-offs of the subject, designed for executive education and experienced professionals.

How a session runs

  1. The instructor creates a session from the Eureka dashboard and invites the participants.
  2. Participants play 5 rounds. In each one they submit their decisions and the simulation calculates the results.
  3. The simulation can be run in English, Español.
  4. The instructor follows each participant's progress and results from the dashboard, and uses the class results for the debrief.

Decisions participants make

The decisions participants make during the simulation:

  • Select Policy
  • Severity / Intensity (1 = minimal, 10 = maximum)

What participants track

What participants follow on screen as the rounds go by:

  • Cheap Steel from China
  • Your Policy Decision
  • Welfare Triangle — Last Decision

Subjects covered

Designed for courses in International Economics.

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