Teaching Real-World Political Economy: Simulating a WTO Negotiation

Document Type

Article

Publication Date

1-1-2012

Abstract

"If free trade is a no-brainer, why isn't trade free?" Students often express such sentiments at the conclusion of a typical international trade course, during which they have learned that free trade is optimal, but that countries continue to restrict trade substantially. This article describes a simulation of a round of trade liberalization under the auspices of the World Trade Organization (WTO). The simulation differs from others in the literature in that it represents a substantial component of the course, but it is not the course's focal point. Because the simulation has proven beneficial to students, the article attempts to provide a blueprint that will enable other professors to implement the project with minimal start-up costs. © 2012 Copyright Taylor and Francis Group, LLC.

Publication Title

Journal of Teaching in International Business

Volume

23

Issue

1

First Page

46

Last Page

58

Digital Object Identifier (DOI)

10.1080/08975930.2012.687999

ISSN

08975930

E-ISSN

15286991

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