Activity 01
Simulation Game: The Trading Game
Groups are given different 'resources' (paper, scissors, rulers) and must produce 'shapes' to trade. Some groups start with many resources, others with few. This illustrates the benefits of trade and the frustration of those who feel 'left behind' by global markets.
Explain the concept of specialization and its role in international trade.
Facilitation TipDuring The Trading Game, circulate and quietly record when pairs achieve gains from trade to highlight later how both sides benefit.
What to look forPose the question: 'Imagine the UK decided to stop all imports of foreign cars. What would be the likely effects on UK car manufacturers, UK consumers, and the UK economy as a whole?' Facilitate a class discussion, encouraging students to use key vocabulary like tariffs, quotas, and comparative advantage.