Activity 01
Role-Play Simulation: Trade Negotiation Summit
Assign roles as representatives from US, China, EU, and Australia. Provide background briefs on disputes and tariffs. Groups negotiate agreements over two rounds, adjusting positions based on economic data cards, then debrief on outcomes.
Analyze the economic rationale behind recent trade disputes between major global powers.
Facilitation TipIn the Trade Negotiation Summit, assign roles with clear but conflicting interests (e.g., US farmer, Chinese steel worker, EU regulator) and provide each with a one-page fact sheet so prep time is focused and equitable.
What to look forPose the question: 'If Australia were to impose a tariff on imported steel to protect its domestic steel industry, what are two potential positive outcomes and two potential negative outcomes for the Australian economy? Be prepared to justify your answers using economic concepts.'