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Nations and firms in the global economy; Cambridge University Press, 2006© Charles van Marrewijk, 2005; 1 This self-study simulation for Chapter 6 of Nations.

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Presentation on theme: "Nations and firms in the global economy; Cambridge University Press, 2006© Charles van Marrewijk, 2005; 1 This self-study simulation for Chapter 6 of Nations."— Presentation transcript:

1 Nations and firms in the global economy; Cambridge University Press, 2006© Charles van Marrewijk, 2005; 1 This self-study simulation for Chapter 6 of Nations and Firms in the Global Economy Provides a demonstration of the devastating consequences of the beggar-thy-neighbour policies in the 1930s by showing the collapse of the international trade system within four years. After the introductory explanation, just sit back, don’t touch the keyboard, and be amazed.

2 Nations and firms in the global economy; Cambridge University Press, 2006© Charles van Marrewijk, 2005; 2 january march february november december june may april september augustjuly october We can measure the size of many variables relative to the same origin. The distance from the yellow dot to the green dot measures the size of exports, production, or whatever, in january. The great depression

3 Nations and firms in the global economy; Cambridge University Press, 2006© Charles van Marrewijk, 2005; 3 january march february november december june may april september augustjuly october world imports in million US gold $ 1929 1930 1932 1931 1933 2998 2739 1839 1206 992 january Kindleberger spiral Spiderweb crisis Press enter or click, sit back, and wait


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