Monday, July 15, 2013

All about the Various Forms of International Trade Games


Image Courtesy: http://www.dmc.com.ph
The international trade game may be used to educate students about an economic theorem on global trade, to shed light on the economic choices that a nation has to make, or to demonstrate the work of a specific global organization. International trade games are designed to encourage insights on topics like the impact of globalization, the power of major firms to bargain, the stand of the farmers who are living in a third world country, and fair trade among other subjects of interest.

A consolidator in Philippines will be familiar with this type of game, as they may illustrate international trade in an individual commodity or industry like the grain or coffee trade so that the participants will be more familiar with the issues. Some games have also been developed to help pupils understand how the financial markets of the world work. There are games that are made for classroom activities with different players, and other games can be found on the Internet for those who are learning at home.

Global trading games may be set up as an effective and fun way to teach economics to primary or secondary school children, or for those people who are working for NGOs (Non-Governmental Organizations) or other forms of development. These activities may focus on learning about the factors involved in international trade, or they may highlight the problems or disadvantages that are caused by global trade. Supporters of a specific tactic like fair trade could invent a game to showcase the efficiency of their campaign and demonstrate its execution. Some firms can provide learning materials so that lecturers and teachers can formulate their own global trading games that will emphasize the pointers in their classes.

The consolidator in Philippines knows that these group activities work by allowing the students to experience what it is like to make economic choices, witness what happens when they make those decisions, and deal with the reactions from the rest of the class. These games are truly an excellent medium for presenting international trade theorems in action.