Trade war

A trade war refers to two or more states raising or creating tariffs or other trade barriers on each other in retaliation for other trade barriers. Increased protection causes both nations' output compositions to move towards their autarky position.

Some economists would agree that certain economic protections are more costly than others, because they may be more likely to trigger a trade war. For example, if a country were to raise tariffs, then a second country in retaliation may similarly raise tariffs. But an increase in, for example, subsidies, may be difficult to retaliate against by a foreign country. Many poor countries do not have the ability to raise subsidies. In addition, poor countries are more vulnerable than rich countries in trade wars; in raising protections against dumping of cheap products, a government risks making the product too expensive for its people to afford.

See also

Trade Wars

Trade Wars is a series of computer games dating back to the early days of personal computing. Inspired by Hunt the Wumpus, the board game Risk, and the original space trader game Star Trader, Trade Wars was the first multiplayer game of the space trader genre. During the height of its popularity in the early 1990s, Trade Wars was the preeminent BBS game, played by tens of thousands of users around the world.

History

The first game with the title, "Trade Wars" by Chris Sherrick, was developed in BASIC for the TRS-80, and immediately ported to the IBM PC for the Nochange BBS system in 1984. Sherrick conceived his game as a cross between Dave Kaufman's BASIC program "Star Trader" 1974, the board game "Risk", and Gregory Yob's "Hunt the Wumpus" 1972.

Because Sherrick released his earliest versions with a free license, many variations of the game appeared over the next few years, including TWV - Galactic Armageddon, Yankee Trader, and TW2 (a development of the original by John Morris who took over from Chris Sherrick).

TradeWars 2002

TradeWars 2002, also known as Trade Wars 2002 or TW2002, is a space game developed starting in 1984 and continuing through the 1990s by Gary Martin for play as a BBS door game, with later versions developed by John Pritchett both for BBS and, starting in 1998, a devoted game server called TWGS (Trade Wars Game Server). The player is a trader in a galaxy with a fixed set of other players (either human or computer). The players seek to gain control of a limited set and amount of resources (specifically fuel ore, organics, and equipment) and travel through sectors of the galaxy trading them for money or undervalued resources. Players use their wealth to upgrade their spaceship with better weapons and defenses and fight for control of planets and starbases.

TW2002 takes a large investment of time compared to most door games. Some modern TW2002 tournaments allow an infinite number of turns, and the most dedicated players devote most of their spare time over several days to the race for galactic dominance. A few Telnet tournaments award cash prizes to the winner.