International Trade Simulation Ms. Ramos Alta Loma High School.

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Presentation transcript:

International Trade Simulation Ms. Ramos Alta Loma High School

You are now equipped to be a business person operating on a global scale. Each of you has the capability to achieve success. Good and bad luck figure into your success equation, but so does your skill. Your GOAL is to manufacture as many candy bars as you can during the course of the game. You are now equipped to be a business person operating on a global scale. Each of you has the capability to achieve success. Good and bad luck figure into your success equation, but so does your skill. Your GOAL is to manufacture as many candy bars as you can during the course of the game.

In order to manufacture candy you need one kiss, one skittle capital (money) to begin your industry, and the technology capable of manufacturing a complicated product like candy (represented by the “poker chip”). In order to manufacture candy you need one kiss, one skittle capital (money) to begin your industry, and the technology capable of manufacturing a complicated product like candy (represented by the “poker chip”).

The bag in front of you will start you in business. As in the real world, not all of you will immediately have all the necessary ingredients. You will have to trade for them or but them from someone else. There are no set prices for any goods. All trading will close when you hear the timer. The bag in front of you will start you in business. As in the real world, not all of you will immediately have all the necessary ingredients. You will have to trade for them or but them from someone else. There are no set prices for any goods. All trading will close when you hear the timer.

To make a candy bar you need: 1 Skittle 1 Skittle 1 Kiss 1 Kiss 1 “poker chip” 1 “poker chip” $500 $500

Bags 1-15 & 31 with at least one poker chip Bags 1-15 & 31 with at least one poker chip Bags & with one poker chip Bags & with one poker chip Bags & with two or more poker chips Bags & with two or more poker chips Bags & 34 with at least one poker chip Bags & 34 with at least one poker chip Bag 30 with at least one poker chip Bag 30 with at least one poker chip

Life happens There is no harvest this round--- a horrible drought has ruined the crops. No changes will occur. There is no harvest this round--- a horrible drought has ruined the crops. No changes will occur.

Debrief What strategy did you use? What strategy did you use? Does the game represent the real world of trade? Explain. Does the game represent the real world of trade? Explain. In what ways does the game diverge from reality? In what ways does the game diverge from reality? How can poor countries/businesses survive? How can poor countries/businesses survive? What sorts of aims/incentives helped you during the game? What sorts of aims/incentives helped you during the game? Who was most successful and why? Who was most successful and why?

Source of activity: Center for Teaching International Relations Source of activity: Center for Teaching International Relations