Economics

Economics
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  • Why will you not accept my trade?
  • Do not rip me off!!
  • Three horses for Two Silk Robes and 100 coins
  • Your robes are very precious... I accept your deal
  • Today we arrived in Kashgar to trade. My father found a Turkish vendor who was selling rugs. He argued with the vendor and tried to sell our Silk Robes for a few rugs. The vendor was smart and did not get ripped off. My father is a good trader and so we moved on to another group of men. Trading is dangerous as you have to know when it is a good deal or a bad deal.
  • We found another vendor along the way. He was from Central Asia. He was selling his horses. We approached him and he quickly offered us three horses in return for the robes. Horses sell for over 100 coins back in Dunhuang. We quickly completed the deal and brought the horses back to the caravan.
  • The trade was completed and we returned home with horses we could sell for profit.
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