Topic 7.6: Trade & the World Economy

Neoliberalism, Interdependence, and Global Markets (PSO-7.A)

1. The Trade Engine

Explore Comparative Advantage and the impact of Tariffs.

Nation Alpha

Advantage: High-Tech Manufacturing

50
💻
50
🌾
Nation Beta

Advantage: Agriculture & Resources

20
💻
80
🌾
Global Wealth: 200 Units
Self-Sufficiency

In isolation, both countries must produce everything themselves. Alpha struggles to grow food, and Beta struggles to build computers. Resources are used inefficiently.