One thing is for sure, the fact that it won't have a battle mode or diplomacy will mean they won't be the worst part of the game. 
Seriously, the part of imp1 I enjoyed most was the economic model and for some reason I didn't enjoy it in Imp2 so it remains to be seen whether I'd find TE an interesting buy.
Besides, there are plenty of good trade sims out there already, such as The Merchant Prince (look at www.theunderdogs.org ) and they're for free.
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