—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
—Currency migration, trade balance, current
account (CA), financial account (FA), exchange rates.
T. G. Kennedy is with the North Carolina State University, Raleigh, NC
(e-mail: t7k3s7k9@ aol.com).
Cite:Tom Kennedy, "Simtrade–A Computer Model Simulating World Trade for
Three or More Countries," Journal of Economics, Business and Management vol. 2, no. 2, pp. 93-98, 2014.