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Simtrade–A Computer Model Simulating World Trade for Three or More Countries

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Author(s): Tom Kennedy

Journal: Journal of Economics, Business and Management
ISSN 2301-3567

Volume: 2;
Issue: 2;
Start page: 93;
Date: 2014;
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Keywords: Currency migration | trade balance | current account (CA) | financial account (FA) | exchange rates.

ABSTRACT
Simtrade is a computational model that simulates international trade between multiple countries. It predicts the economic status of countries based on purchasing preferences and yearly events. It generates trade activity and tracks the migration of currencies, using that data to predict exchange rates. It also follows the movements of assets and calculates bond ratings. The results are a yearly tabulation of economic aggregates including realistic levels of trade, debt and investment.
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