Trade Agreement Geopolitical Simulator

Choose a few countries from this group and meet their guides. Exchange cordialities, offer them coffee, compliment their country and then let them soak. Make an agreement now. Drunk leaders always do the best deals. Go to the economic contract screen and propose a contract on the « Annual sales volume ». Always make the « sales » because it means you will be selling resources to the other country. Select the resource you have too much of. Sometimes the country you meet also has a surplus of this resource. If so, meet another country.

Your best bet for deals to work is if you`re selling to a country that doesn`t have that particular resource. AI calculates the need before you decide whether or not a country accepts your proposal. Then choose your price. I suggest increasing it by a few hundred dollars. The other country will always retaliate by offering a lower price, which you can increase a little more, and then a deal is made. It`s just haggling. A drunken head of state also helps. Also make sure that you are not selling below your average selling price, the same goes for the purchase, do not buy a product above your average purchase price.

(Note: AI never accepts a trade below its selling price when selling and higher than its purchase price when haggling, so if you see that the average price of a product you want to buy/sell is too low/high for one country, try negotiating with someone else). Next, choose the number of years the agreement should cover. ALWAYS SELECT ONE (1) YEAR. This means that the transaction ends at the end of the year, which means that you will be paid in full at the end of the year. You don`t have to wait about 2 or 3 years to get all your money. This is the fastest way, and if the other country really needs the resource, it will also want a one-year contract. Southeast Asia will benefit significantly from RCEP ($19 billion per year by 2030), but less than Northeast Asia, as there are already free trade agreements with RCEP partners. However, RCEP could improve access to China`s Belt and Road (BRI) funds and improve market access gains by strengthening transport, energy and communication links. RCEP`s favourable rules of origin will also attract foreign investment. RCEP will also accelerate the economic integration of Northeast Asia. A spokesman for Japan`s Foreign Ministry stressed last year that negotiations on the trilateral free trade agreement between China, South Korea and Japan, which has been stalled for many years, will take action « as soon as they are able to conclude the RCEP negotiations. » In a high-profile speech in early November, President Xi Jinping promised to « accelerate negotiations on an investment agreement between China and the EU and a free trade agreement between China, Japan and South Korea. » However, some find it more difficult than others, but a little wisdom is all you need. The first thing you need to do is find out what your country produces too much.

Go to the Economy screen (also known as the Agriculture, Industry, Services, and Energy window). I really don`t know why they didn`t just call it all « economy ») and find your excesses. Now go to the upper left corner where the rotating globe is, next to it there are six symbols that show different map overlays. Click on the one that says « Economic Relations » or something like that. This brings out a beautiful Technicolor map overlay of all the countries with which you have good economic relations. Green countries are the ones that like to trade with you. The red countries don`t. Do you see what I am getting at? Just try to make trade deals with green countries. Taxes are one of your very important incomes, the other is trade. There are many types of taxes, and many, not all, have side effects that go beyond giving you more money to spend on your country. The services sector is also not included here, as services seem to be exchanged automatically. We also believe that RCEP and CPTPP will together offset global losses due to the U.S.-China trade war, but not for China and the U.S.

The new agreements will make the economies of North and Southeast Asia more efficient and combine their strengths in technology, manufacturing, agriculture and natural resources. RCEP will connect about 30% of the world`s population and production and make significant profits in the right political context. According to the computer simulations we recently published, RCEP could contribute $209 billion a year to global revenue and $500 billion to global trade by 2030. RCEP, often mistakenly called « China-led, » is a triumph of ASEAN middle-power diplomacy. The value of a major trade deal with East Asia has long been recognized, but neither China nor Japan, the region`s largest economies, were politically acceptable as architects of the project. The impasse was resolved in 2012 by an ASEAN-brokered agreement that included India, Australia and New Zealand as members and gave ASEAN responsibility for negotiating the agreement. Without such an « ASEAN centrality », RCEP might never have been launched. The impact of RCEP is impressive, even though the agreement is not as strict as the CPTPP. It creates incentives for supply chains across the region, but also responds to political sensitivities. Its intellectual property rules contribute little to what many members have, and the agreement says nothing at all about labour, the environment or state-owned enterprises – all key chapters of the CPTPP. However, ASEAN-centric trade agreements tend to improve over time.

Finally, RCEP and CPTPP are strong counter-examples to the global decline in rules-based trade. If RCEP fosters mutually beneficial growth, its members, including China, will gain influence around the world. A third option for the U.S. is to emphasize increased exposure to soft power combined with strict but firm safety commitments. This approach would build on U.S. strengths and save time for more ambitious initiatives. It would emphasize vigorous participation in regional forums, people-to-people exchanges, the promotion of principles for rules-based trade and a clearly articulated military presence. He would benefit from a favorable agreement between the United States and China, which is not an easy task in the current context.

Related Content China Trade in Digital Services and China`s Data Governance: How Should the U.S. Respond? Joshua P. Meltzer October 2020 Play Audio Global Trade Global Trade Global Competition for Digital Trade Joshua P. Meltzer and David Dollar Monday, October 12, 2020 China The New Goal of Global Energy Trade Samantha Gross Monday, September 14, 2020 India and the United States were supposed to become members of RCEP and CPTPP, respectively, but withdrew under the Modi and Trump governments. Now that the agreements are set up (see Figure 1), they are strongly stimulating intra-Asian integration in China and Japan. This is partly the result of American policy. The United States must rebalance its economic and security strategies to promote not only its economic interests, but also its security objectives. The best way to achieve this is to conclude economic agreements with other countries. You may be wondering: why didn`t you let me do this in Part 1 when I actually needed all that money? and the answer is: because your economy was. Now that your economy is good, the benefits of trade agreements can be maximized.

On November 15, 2020, 15 countries – members of the Association of Southeast Asian Nations (ASEAN) and five regional partners – signed the Regional Comprehensive Economic Partnership (RCEP), arguably the largest free trade agreement in history. RCEP and the 2018 Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), also dominated by East Asian members, are the only major multilateral free trade agreements signed under the Trump era. You should try to balance your taxes according to the political orientation of your country. That is, social/left-wing cooperatives levy taxes that promote income equality for their peoples, so use a high income tax, property tax, wealth tax, etc. It is also advisable to remove all right-wing taxes such as VAT. The opposite is true for right-wing countries. Changing taxes is a very delicate issue, and in a democratic state you should not try to change a tax with more than 0.2% – 0.25% at the same time, because big changes are hostile to your parliament, are not approved and sometimes you are criticized for being too hasty, and your popularity will decrease. However, another area where you can safely reduce expenses is the Health tab, specifically in the first three categories. They are a huge burden on your budget, as each star could also cost billions of your currency.

If you delete these categories, no one will blame you, you will not lose your barely acquired reputation, and you will also be able to earn some of the money you have collected through these cuts in the last categories (those of orphan and genetic diseases, cancer, AIDS, etc.), or you can also increase the number of doctors. .