Econ Summit Bank Loan


During the trade session, you and your team will be able to take out a loan from the Summit Bank. Loans can only be secured with your country’s export coupons as collateral. Each coupon will serve as collateral for 5 WELCOs. You must hold the loan for a minimum of 15 minutes. The fee for taking out a Summit Loan is a flat rate of 5 WELCOs.

Ten points are awarded to each team that successfully takes out and the repays the Summit Loan. You must complete the transaction during the Trade Session. A 10 point deduction will be taken from each team that defaults on a Summit Loan.

Time is the scarcest resource at the Summit. Careful planning is critical for your team’s success. It’s a good idea to select one advisor on your team to complete the loan process while the rest of the team is completing trades.

Each team will complete in the Player’s Guide:
1. #7, 11-14. 20, 22, 23, 26, 28, 34, 45, 46, 47-48, & 49



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