40 Comentários

1. I should have taken economics for igcse. Its fun to learn it!

2. Kanye west album 😂😂😂😂😂

3. Anyone notice that awesome spaceX rocket? Why not some more Tesla? :))

4. This video is a good example of what they were saying in the last one of how economic ideas change with time.

5. If you would like to go beyond David Riccardo's 17th century comparative advantage search geoeconomics on YouTube, watch, then maybe you can grab the ball and get in the game

6. this guy drips swag like a broken faucet with that ac/dc belt

7. C'mon guys…international trade based on comparative advantage runs against Smith and Ricardo's framework…specially the complete dependence of comparative advantage theory on the INMOBILITY of capital…in the presence of capital MOBILITY flows of trade are explained not by comparative advantages but by capital yields, that in the current economy mean low wages.
   SUBSIDIES…another big issue! USA EUROPE, JAPAN, CHINA will never depend on international trade to feed their people so subsidies como into play which makes agriculture from L.A. completely uncompetitive and excludes increasing number of people from economic activity.
   Free trade has never been free, it has always been administered. Some aspects of free trade are positive, others are not and completely ignore comparative advantage.
   I really like this channel and wish you both great success.

8. Can somebody send this video to Trump please?

9. The way she says China is so great

10. Great explanation

11. Kanye West albums are anything but intellectual

12. Have tried several times to trade independently and it's has ended blowing up at my face. I had to settle down and read more about the Forex market after that I think tried investing again and lost greatly. I appreciate all out there who educate other on how to trade and invest in the Forex market with the help of Mr Silverster Wilfred, I would have been lost so much. He educated me and when I was not getting it, he helped me earn a good profit that restored my initial losses and has been my knight in shining armour ever since
    .

13. YOU IMPORT YOUR GRAPHICS!? TRAITORS!! THE LOT OF YOU!

14. Someone please share this video to Donald Trump

15. ah lol NAFTA was scraped

16. „Intellectual goods like Kanye West albums“ I caaaannn‘tt😂😂😂

17. Import mean buying, Export mean selling. There is time when import is bad. It is when your government is stupid by importing stuff that can be made in the country and the country cannot produce enough value in export, thus the imported goods can only be paid by add more foreign loan with high interest. Also, considering the country is not advance enough to produce something more valuable, make people within the country only lose their job.

    if u may ask, how could imported goods can be consider cheap in the country that not advance enough. The answer is simple, the country majority export (income) is from raw material such as mineral and other natural resource. Such commodity usually only control by some small group, so called cartel within government or corrupt politician. For those politician and their group, it is more cheaper imported goods then the goods made by their people. Such bad trade practice is done between CCP and some less developed country with rich natural resource. CCP has bad influence for stupid people, until at the worst point that high rank stupid people control by CCP.

18. Shut Up

19. Videos are very informative! But can you please slow down when talking! Some of us are having to do assignments based off these videos. There is no way a 23 question assignment should be covered by a ten minute video. Please slow down.

20. If I understood right, the benefits of currency depreciation has a limited effect until currency appreciation happens. Thus it is a back and forth game of manufacturing, unless a country manipulates its currency to keep it depreciated and maintain the upper hand in exports.

21. That was a great crash course. Thanks

22. America is the richest, we farm. is exchange rate close yet?

23. I have question : What determines whether a small open economy will have a trade surplus or a trade deficit?
    can someone explain please?

24. i didnt get how the china government regulates its currency value

25. Bruh bruh bruh bruh bruh, if you are china and export to the us for us dollars, how do you make money, didn't stick in my head so if anyone could explain that would be great

26. Pandemics are also a cost of international trade……
    Antibiotics extent? 80/90%

27. I have a question: does exports/imports between European countries has the same impact? For example, if Germany is a net exporter to Italy, does current account and financial account balance out? Would Germany buy Italian assets or that doesn't count because we share the same currency?

28. So when a currency has grown stronger than another….it is now capable of purchasing more from that country (importing) because it is cheaper to do so. So they increase their imports because it's further cheaper to do so. Yet… When a country imports… it has to change its currency to the other country currency.. Which makes that nations currency more in demand… Which increases that country's currency. An example of where a fundamental concept can have a different effect of what the textbook expectations describe.

    Another example is that when interest rates rise… The textbook of economics says that it increases the value of the currency as external investors are attracted to the higher interest rates for investing in that economy banking system…hence investing in that country's currency (raising the value). But at the same time….a high interest rate also dictates a deterent for nationals to borrow capital to spend more, hence the economy slows. A slowdown gives rise to a Not very productive economy which lowers the country's currency value. So the issue becomes if the amount of external investment into the system to benefit from the high interest rates is way more above the effects of the slowed economy. So in essence its not law that higher interest rates is a precursor to higher currency value. And why would an investor try to invest in the financial tools of an economy because of a high interest rate if a high interest rate means not much persons are borrowing from the financial institutions for the institutions to make back that high interest and then to be able to pay its investors. Economics is very double sided. The effects of the indicators which dictates the value of a currency is very vague and uncertain. Its as if everything u learn makes sense and at the same time does not make sense as it's not necessarily in line with what the fundamentals are. And that's just a tiny fragment of the various indicators. Put that into context of assessing ALL the indicators of trading currency pair in the fickled nature of things where u can't even use economics to guide u as the fundamentals may or may not apply. An we can see why it's difficult to trade. You tend to give up on the sense of what the economics supposed to relay and strictly start following charts to identify patterns as a pattern is more sensible to track than the double sided effects of economic fundamentals. If anyone has a resolve or opinion on this please share.

29. This is harder than science

30. Pam?

31. I like how the us with a population of 330,000,000 or so is depending on us 36,000,000 canadians the most

32. 1:26 i thought u said p*rn and c*ck

33. Jacob looks like Mark Cuban

34. NAFTA did nothing for us beyond tripling the prices of almost all drugs….

35. May somebody explain about trade deficit, it seems like quite bad idea to keep it, as you import a lot of goods running trade deficit and then you sell big share of some technological companies, where Chinese might get higher and higher stake and at some point can have control over US companies. Is in it bad? Looks like if it continues then at some point there will be nothing to sell. While Chinese long ago is not a country which sells just cheap stuff, there is a shift from made in China to Design in China. I would really appreciate your comments.

36. Can someone further explain the comment at minute: 8:38.
    "When the US spends money in Chinese Goods the people in China, in theory, have only two things they can do with that money:

    They can buy U.S. goods or they can buy U.S. financial assets, like stocks and bonds.

    Why is that? Why can't they spend the money elsewhere?

    Thanks and Best regards,

    Joao

37. Nice video !
    But I am unable to understand how country A exporting more products to country B will affect the currency of country B. Anyone ?

38. Lolz from Bangladesh!!!!!

39. MALAYSIA!!! I AM FROM MALAYSIA!!!

40. Invaluable information. Thank you guys SO MUCH!