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The Trade Game

The Trade Game

This game is by the Nobel Price Organization. The Trade Ruler educational game and related reading are based on the 1977 Prize in Economic Sciences, which was awarded for a theory showing that countries engage in and benefit from trade if their production resources differ from each other. The Heckscher-Ohlin Trade Theory is about how two countries can get greater gains from trading with each other if they have different resources – one have more labor and the other have more capital (that is technical equipment and machinery). The Trade Ruler game is set in "the Hechscher-Ohlin world" players are to make an island (a country) prosper by trading. As a ruler of an island players want to engage in international trade to achieve this goal.

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