President of Rodamia

Assignment: International Trade Simulation

• Complete the International Trade Simulation.
• Write a 950-to-1050 word report advising the President of Rodamia making recommendations for international trade. Address the following:

o List at least one advantage and one limitation of international trade you encountered in the simulation.
o Define absolute and comparative advantage in your own words.
o Explain how absolute and comparative advantages were used in your simulation.
o Describe the influences affecting foreign exchange rates.

• Format your report according to APA guidelines.
• Submit your assignment via one MS-Word document (doc or docx filename extension), which is fully compliant with Writing and Style Guidelines, to the Assignment section of eCampus by Day 6.