International Trade Simulation xxxxxx XECO/212 x/xx/xxxx xxxxx

With international trade simulation this is showing how the international trade is able to function within all countries. With the simulation it provides a short overview of how to implement the trade restrictions within all tariffs. The most important thing is that the simulation is able to provide fundamentals about how you need to negotiate trade agreements. In the Rodamia simulation it is great that with this you’re able to see how all international trades are coordinated. In the Rodamia representative office is the place where all the major business decisions are decided and were all investment policies are born. Inside of the simulation the main guy is that Michael who is the president of Rodamia. Michael presents the image that he is a good businessman and is capable of handling international trade negotiations with other countries. Rodamis is one countries that has a GDP of 4% from there agriculture, and 30% from there poultry and other types of services. The rest of the 66% comes from many different types of services.
There is an advantage of international trade. This advantage is that of gaining the cost of principles. Efficiency with comparative advantages is able to allow other countries to be efficient with inputs that they put and also there outputs will be better than if it were done alone. Many of the trade restrictions can be beneficial to countries some of these could be that of quotas, embargos, and also tariffs. These restrictions also may come with a bad side and this is that the countries trading may be disagreeing with one another.
Now is the time that we need to decide if US economy is better off. This all rest on the cycle of business. The business cycle goes through many different stages. Many of the changes could be the monetary or that of fiscal changes. With trade