ECON 326: International Trade
Interactive Learning Games
This simulation focuses on trade policy in a small open economy, highlighting the effects of tariffs and quotas. —
1. Trade Policy — Import Tariff & Import Quota
- ☕ Coffee Tariff & Quota Game — Small Country, Perfect Competition
- ☕ Coffee Tariff & Quota Game — Small Country, Imperfect Competition
Analyze how trade policies affect market outcomes in a small country setting. These simulations allow you to compare ad valorem tariffs and import quotas and understand how they shape prices, quantities, and welfare — first under perfect competition, then when the domestic industry consolidates into a monopoly.
2. Trade Policy — Dumping & Antidumping
Play as the CEO of Economica, a biotech firm whose breakthrough Algae Fuel Cell is accused of dumping in the Cocoland market. This simulation explores why dumping is rational even when the export price falls below average cost, how the WTO’s two dumping tests work, and why antidumping duties are a double-edged sword for the importing country.