Trade Ruler Game - How Good Are U in making Economic Decisions

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. Trade Ruler Game First published: February 2006 Estimated play time: 15 min. Sound: Yes High score: Yes Plug in requirements: Flash 6 » Credits » - What is an economic theory? - How can a country gain from trade according to the Heckscher-Ohlin theory? 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). Extracted from:http://www.nobelprize.org/educational/economics/trade/about.html Trade Ruler