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This self-study simulation for Chapter 6 of Nations and Firms in the Global Economy

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This self-study simulation for Chapter 6 of Nations and Firms in the Global Economy Provides a demonstration of the devastating consequences of the beggar-thy-neighbour policies in the 1930s by showing the collapse of the international trade system within four years.

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slide1

This self-study simulation for Chapter 6 of

Nations and Firms in the Global Economy

Provides a demonstration of the devastating consequences of the beggar-thy-neighbour policies in the 1930s by showing the collapse of the international trade system within four years.

After the introductory explanation, just sit back, don’t touch the keyboard, and be amazed.

slide2

january

february

december

march

november

april

october

may

september

june

august

july

The great depression

We can measure the size of many variables relative to the same origin.

The distance from the yellow dot to the green dot measures the size of exports, production, or whatever, in january.

slide3

january

february

december

1929

1930

march

november

1931

january

1932

april

2998

1933

october

2739

1839

may

september

1206

992

june

august

july

Press enter or click, sit back, and wait

Kindleberger spiral

world imports in million US gold $

Spiderweb crisis

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