Activity 01
Role-Play: Trade Negotiation Simulation
Divide class into importers, exporters, domestic producers, and government officials. Groups negotiate quota limits or subsidy packages using mock trade data cards. Debrief with impact charts on prices and jobs. Conclude by voting on policy effectiveness.
Differentiate between import quotas and domestic subsidies.
Facilitation TipDuring the Trade Negotiation Simulation, circulate with a checklist to ensure each student has a clear role and negotiates policy impacts, not personal opinions.
What to look forPresent students with two short scenarios: one describing a limit on imported cars and another detailing government grants for electric vehicle production. Ask students to identify which scenario represents a quota and which represents a subsidy, and briefly explain why.