International trade allows countries to consume more goods than they can produce on their own. They can do so by specializing in the production of goods for which they have a comparative advantage. This is true even if the country has an absolute advantage on producing all goods more efficiently than the other countries it can trade with. For more information, visit: http://bit.ly/2G82CGr • To view the other videos in the Econ 1 series, visit: http://bit.ly/2DARrrk • To view all of the online classwork to Econ 1: Principles of Economics, visit: http://stanford.io/2Gcqlp2 • Read John Taylor’s blog on The Fed’s Inflation Target and Policy Rules; available here: http://bit.ly/2BnRrpz • For a further explanation of comparative and absolute advantage, read “Comparative Advantage” by Library of Economic and Liberty; available here: http://bit.ly/2k0VsZX • Hoover Institution fellow John Taylor discusses President Trump's economic agenda, tax reform, trade issues, and Fed policy; available here: https://bloom.bg/2DtxI9E • Hoover Institution fellow John Taylor discusses the stock market bull run as well as Taylor's five keys for restoring America's prosperity; available here: http://bit.ly/2n3Hybg • In John Taylor: Institute Of International Finance Policy Summit, Hoover Institution fellow John Taylor discusses US economic growth, tax reform, monetary policy, and so much more, available here: http://cs.pn/2E4sZw4 • In their book, “Rules for International Monetary Stability” Hoover scholars and editors John Taylor, Michael Bordo, and Richard Clarida, discussed how monetary policy has deviated from a rules-based approach in much of the world and economic performance and stability has deteriorated and how proposals for rules-based reform in each country would deliver a rules-based international monetary system that can better reconcile reasonable free and open markets with independent national policies and stability; available here: http://hvr.co/2A5zEUh
Views: 493937 PolicyEd
Trade theories: Why we trade
Views: 306840 lostmy1
Cross-border trade and investment are an important source of economic growth. Consumers enjoy greater access to cheaper, higher-quality, and more varied goods. Increased trade creates higher-paying jobs and leads the most productive firms and industries to innovate and raise standards of living worldwide. This doesn’t mean every single person will be better off, but on balance, the benefits from international trade and investment outweigh the costs. The benefits to the US economy are narrated and visualized through eight charts, focusing on the significant expansion of trade and investment in past decades, the benefits to workers in export-intensive industries, the changing nature of trade in a globalized economy and the positive role of multinationals, how trade relates to overall unemployment, and trends in US manufacturing. This video is part of an effort by the Peterson Institute for International Economics to invigorate its dissemination of reliable economic data and analysis to the broad public on important issues of general interest. Narration and Charts: Cathleen Cimino Animation and Sound: Daniel Housch and Jeremey Tripp
Views: 15300 Peterson Institute for International Economics
Josh Meltzer: While partisan differences sometimes impede the approval of free trade agreements in the U.S., economic benefits flow throughout the national economy and down to the consumer level when trade barriers are lowered and tariffs come down. More: http://goo.gl/SxFga
Views: 32074 Brookings Institution
TPP, NAFTA, GAAT, WTO -- the concepts that govern our global economy and international trade are confusing to say the least, but affect us all. And why is there so much conflict around trade deals, which became a focal point during the 2016 US Presidential election? Haley Edwards breaks down the history of trade and explains how the idea of global trade has transformed in the past decades. Haley Edwards is an author and correspondent at TIME. Her book, Shadow Courts: The Tribunals That Rule Global Trade came out in 2016. Previously, she was an editor at the Washington Monthly and a foreign correspondent in the Middle East and the former Soviety Union, where she reported for the Los Angeles Times, The Atlantic, The New Republic, and other publications. She studied philosophy at Yale University and journalism at the Columbia University Graduate School of Journalism in New York. This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at https://www.ted.com/tedx
Views: 61828 TEDx Talks
Watch our video to find out the basic processes taking place on the foreign exchange market and how you can benefit from them. In addition, you will learn how you can determine the right broker for successful trading. CLICK HERE to get the best trading conditions on the market: https://goo.gl/ikEZ9j ENHANCE YOUR IB offering and attract a profitable client base with Tickmill: https://goo.gl/L6Hxgh MAKE PROFIT of the market movements: https://goo.gl/BTSBHh LEARN how to trade FOREX: https://goo.gl/pG7D6c Social media: Facebook - https://www.facebook.com/Tickmill/ Twitter - https://twitter.com/Tickmill LinkedIN - https://www.linkedin.com/company/tickmill Webpage - https://tickmill.com/ Business Contact: Tmill UK Limited Client Support: +44 203 608 6100 Office: +44 (0)20 3608 2100 [email protected] Tickmill Limited Client Support: +852 5808 2921 | +65 3163 0958 Office: +248 434 7072 [email protected]
Views: 920966 Tickmill
Individuals and countries benefit from trade. Even though it isn't very realistic, simplified examples like this will help you understand the idea of comparative advantage. Make sure to calcite the per unit opportunity cost so you can see which country should specialize in which product. Also, make sure to watch the second half to learn about terms of trade.
Views: 306373 Jacob Clifford
Global Economics - Global Exchange: Free Trade & Protectionism (2006): Assessing the overall gains of world trade. Subscribe to Journeyman here: http://www.youtube.com/subscription_center?add_user=journeymanpictures Societies have traded for thousands of years. However, the last 35 years have seen an explosion in world trade. How has this global integration affected the world's economy and individual markets and how are the overall gains of world trade distributed? Like us on Facebook: https://www.facebook.com/journeymanpictures Follow us on Twitter: https://twitter.com/JourneymanNews https://twitter.com/JourneymanVOD Follow us on Instagram: https://instagram.com/journeymanpictures For downloads and more information visit: http://www.journeyman.tv/film/3168 Journeyman Pictures - Ref. 3168 Journeyman Pictures is your independent source for the world's most powerful films, exploring the burning issues of today. We represent stories from the world's top producers, with brand new content coming in all the time. On our channel you'll find outstanding and controversial journalism covering any global subject you can imagine wanting to know about.
Views: 197689 Journeyman Pictures
Experts say trade wars have historically been damaging to both the country imposing the tariffs and those having to pay them. So why is U.S. President Donald Trump insisting on entering a trade war? Aalia Adam leads the latest installment of "Global News Explains," as she explores why the protectionist methods of trade wars create environments where everyone loses and how the U.S. only needs to look to the Great Depression to understand the perils of aggressive trade tariffs. For more info, please go to https://globalnews.ca/?p=4334271&preview=true Subscribe to Global News Channel HERE: http://bit.ly/20fcXDc Like Global News on Facebook HERE: http://bit.ly/255GMJQ Follow Global News on Twitter HERE: http://bit.ly/1Toz8mt #GlobalNewsExplains
Views: 32868 Global News
What is a trade deficit? Well, it all has to do with imports and exports and, well, trade. This week Jacob and Adriene walk you through the basics of imports, exports, and exchange. So, you remember the specialization and trade thing, right? So, that leads to imports and exports. Economically, in the aggregate, this is usually a good thing. Globalization and free trade do tend to increase overall wealth. But not everybody wins. Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse Thanks to the following Patrons for their generous monthly contributions that help keep Crash Course free for everyone forever: Mark, Eric Kitchen, Jessica Wode, Jeffrey Thompson, Steve Marshall, Moritz Schmidt, Robert Kunz, Tim Curwick, Jason A Saslow, SR Foxley, Elliot Beter, Jacob Ash, Christian, Jan Schmid, Jirat, Christy Huddleston, Daniel Baulig, Chris Peters, Anna-Ester Volozh, Ian Dundore, Caleb Weeks -- Want to find Crash Course elsewhere on the internet? Facebook - http://www.facebook.com/YouTubeCrashCourse Twitter - http://www.twitter.com/TheCrashCourse Tumblr - http://thecrashcourse.tumblr.com Support Crash Course on Patreon: http://patreon.com/crashcourse CC Kids: http://www.youtube.com/crashcoursekids
Views: 1036525 CrashCourse
In which Adriene Hill and Jacob Clifford teach you about specialization and trade, and how countries decide whether they're going to make stuff or trade for stuff. You'll learn about things like comparative advantage, the production possibilities frontier and how to make pizza! Crash Course is now on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse Thanks to the following Patrons for their generous monthly contributions that help keep Crash Course free for everyone forever: Mark Brouwer, Jan Schmid, Anna-Ester Volozh, Robert Kunz, Jason A Saslow, Christian Ludvigsen, Chris Peters, Brad Wardell, Beatrice Jin, Roger C. Rocha, Eric Knight, Jessica Simmons, Jeffrey Thompson, Elliot Beter, Today I Found Out, James Craver, Ian Dundore, Jessica Wode, SR Foxley, Sandra Aft, Jacob Ash, Steve Marshall TO: Sarah M. FROM: Anthony M. "Making our own history awesome! Happy 3 year Anniversary!" TO: Everyone FROM: Someone "The earth is but one country, and mankind its citizens." Thank you so much to all of our awesome supporters for their contributions to help make Crash Course possible and freely available for everyone forever: Nathanial R. Castronovo, Eefje Savelkoul, Nupur Maheshwari, Jacob J., Dominik Steenken, Shai Belfer, Stefan Bjerring Henriksen James Kribs, Hugo Jobly, Tim Eramo Want to find Crash Course elsewhere on the internet? Facebook - http://www.facebook.com/YouTubeCrashCourse Twitter - http://www.twitter.com/TheCrashCourse Tumblr - http://thecrashcourse.tumblr.com Support Crash Course on Patreon: http://patreon.com/crashcourse CC Kids: http://www.youtube.com/crashcoursekids
Views: 1600095 CrashCourse
How two parties can get better outcomes by specializing in their comparative advantage and trading Watch the next lesson: https://www.khanacademy.org/economics-finance-domain/microeconomics/choices-opp-cost-tutorial/gains-from-trade-tutorial/v/comparative-advantage-and-absolute-advantage?utm_source=YT&utm_medium=Desc&utm_campaign=microeconomics Missed the previous lesson? https://www.khanacademy.org/economics-finance-domain/microeconomics/choices-opp-cost-tutorial/production-possibilities/v/economic-growth-through-investment?utm_source=YT&utm_medium=Desc&utm_campaign=microeconomics Microeconomics on Khan Academy: Topics covered in a traditional college level introductory microeconomics course About Khan Academy: Khan Academy offers practice exercises, instructional videos, and a personalized learning dashboard that empower learners to study at their own pace in and outside of the classroom. We tackle math, science, computer programming, history, art history, economics, and more. Our math missions guide learners from kindergarten to calculus using state-of-the-art, adaptive technology that identifies strengths and learning gaps. We've also partnered with institutions like NASA, The Museum of Modern Art, The California Academy of Sciences, and MIT to offer specialized content. For free. For everyone. Forever. #YouCanLearnAnything Subscribe to Khan Academy's Microeconomics channel: https://www.youtube.com/channel/UC_6zQ54DjQJdLodwsxAsdZg Subscribe to Khan Academy: https://www.youtube.com/subscription_center?add_user=khanacademy
Views: 614560 Khan Academy
I created this video with the YouTube Slideshow Creator (https://www.youtube.com/upload) and content image about 5 Benefits of Learning Forex Trading Face to-Face,business risk management ,international business ,international trade finance ,managing risk ,types of risk management ,international marketing strategies ,business risk ,foreign markets ,how to manage risk ,international trade and finance ,risk management in business ,examples of risk management ,international marketing company ,trade finance pdf ,reasons for international trade ,advantages of international trade ,international trade pdf books ,international business management definition ,risk business ,types of risks in risk management ,types of risk ,financial risk examples ,foreign marketing ,types of risk in finance ,doing business internationally ,international business examples ,international trade benefits ,advantages of expanding a business internationally
Views: 9 Best Forex Strategy
In this video, we explore how we can use opportunity costs to determine who has comparative advantage in producing a good. By specializing in the production of a good that a country has comparative advantage in, and trading for the other good, both countries have the potential to benefit from the exchange. We can also figure out a trading price (also known as the "terms of trade") which would make both countries willing to trade. View more lessons or practice this subject at http://www.khanacademy.org/economics-finance-domain/ap-macroeconomics/basic-economics-concepts-macro/scarcity-and-growth/v/terms-of-trade-and-the-gains-from-trade-macroeconomics-khan-academy?utm_source=youtube&utm_medium=desc&utm_campaign=apmacroeconomics AP Macroeconomics on Khan Academy: Welcome to Economics! In this lesson we'll define Economic and introduce some of the fundamental tools and perspectives economists use to understand the world around us! Khan Academy is a nonprofit organization with the mission of providing a free, world-class education for anyone, anywhere. We offer quizzes, questions, instructional videos, and articles on a range of academic subjects, including math, biology, chemistry, physics, history, economics, finance, grammar, preschool learning, and more. We provide teachers with tools and data so they can help their students develop the skills, habits, and mindsets for success in school and beyond. Khan Academy has been translated into dozens of languages, and 15 million people around the globe learn on Khan Academy every month. As a 501(c)(3) nonprofit organization, we would love your help! Donate or volunteer today! Donate here: https://www.khanacademy.org/donate?utm_source=youtube&utm_medium=desc Volunteer here: https://www.khanacademy.org/contribute?utm_source=youtube&utm_medium=desc
Views: 44137 Khan Academy
Visit https://www.tradefinanceglobal.com/letters-of-credit/ for the TFG Letter of Credit Guide A Letter of Credit is relevant where there is an exporter and an importer; and there needs to be prepayment or a confirmation of payment in order for goods to be shipped. A letter of credit is an instrument from a bank, which guarantees a buyer's payment to a seller if certain criteria are met. If the buyer can’t pay up, due to the agreed contract through the Letter of Credit, the bank will cover the remaining price. Letters of Credit are fundamental components of international trade. They’re governed universally by a set of guidelines called the UCP 600, which are issued by the International Chamber of Commerce. An LC is a promise written on a legal document that comes from a bank with a promise to pay the holder if the holder fulfills certain obligations. Obligations include payment when the goods are shipped if certain criteria are met. A Letter of Credit is usually used when the buyer and seller do not know each other well and this is why it is used so frequently in international trade. Letters of Credit are incredibly specific and a close attention to detail is required. If there is a misspelling in the contract, for example, the name of the goods is incorrectly spelt, there may be non-payment until a new, corrected LC is issued and accepted.
Views: 79400 Trade Finance Global
https://www.tastytrade.com/tt/ Tom Sosnoff and Tony Battista discuss the characteristics and benefits of Stocks, Options, Futures, and Foreign Exchange (FX). They highlight each product and explain how each is used by individual traders for their investment needs! ======== tastytrade.com ======== Finally a financial network for traders, built by traders. Hosted by Tom Sosnoff and Tony Battista tastytrade is a real financial network with 8 hours of live programming five days a week during market hours. Tune in and learn how to trade options successfully and make the most of your investments! http://goo.gl/EaF69C Subscribe to our YouTube channel: http://goo.gl/Szl24S Watch tastytrade LIVE daily Monday-Friday 7am-3pmCT: http://goo.gl/EaF69C Download our mobile app, Bob the Trader: http://goo.gl/zgIyco Follow tastytrade on Twitter: https://twitter.com/tastytrade Become a fan of tastytrade on Facebook: https://www.facebook.com/tastytrade Follow tastytrade on LinkedIn: http://www.linkedin.com/company/tastytrade Follow tastytrade on Instagram: http://instagram.com/tastytrade Follow tastytrade on Pinterest: http://www.pinterest.com/tastytrade/
Views: 1584 tastytrade
Batavia, the blockchain-based global trade finance platform that has been jointly developed by a consortium consisting of Bank of Montreal (BMO), CaixaBank, Commerzbank, Erste Group, IBM and UBS has successfully completed its first live pilot transactions with corporate clients. The pilot transactions were conducted with a variety of transportation modes, geographies and trading parties of various sizes, highlighting Batavia’s ability to scale and manage diverse transaction types. This video highlights how Batavia has the potential to revolutionize the client experience by providing a digital and automated way of arranging, securing and financing international trade transactions.
Views: 737 Erste Group
Now that we've established the difference between absolute and comparative advantage, we can proceed to how countries stand to gain from trade when they specialize in and produce the goods for which they have a comparative advantage. In this lesson we will explain how a "real exchange rate" can be determined between two goods and two countries that is mutually beneficial for both countries and then show how trade can increase the total possible level of consumption and effectively shift the PPC curve outwards. Want to learn more about economics, or just be ready for an upcoming quiz, test or end of year exam? Jason Welker is available for tutoring, IB internal assessment and extended essay support, and other services to support economics students and teachers. Learn more here! http://econclassroom.com/?page_id=5870
Views: 29993 Jason Welker
What is comparative advantage? And why is it important to trade? This video guides us through a specific example surrounding Tasmania — an island off the coast of Australia that experienced the miracle of growth in reverse. Through this example we show what can happen when a civilization is deprived of trade, and show why trade is essential to economic growth. In an economy with a greater number of participants trading goods and services, there are more ways to find a comparative advantage and earn more by creating the most value for others. Let’s dive right in with an example from our new friends, Bob and Ann. Microeconomics Course: http://bit.ly/20VablY Ask a question about the video: http://bit.ly/1QEYD77 Next video: http://bit.ly/21gU5IU Help us caption & translate this video! http://amara.org/v/GLJf/
Views: 124926 Marginal Revolution University
This video looks at how 2 economies can benefit from specialising in the production of a product in which they have a comparative advantage, and then trading with each other. Production Possibility Frontiers for each country are used to show comparative advantage and the benefits to each of specialisation and trade
Views: 72154 Steve Lobsey
Watch highlights from our 2018 OTCQX Video Series to better understand why OTCQX companies have chosen to be traded on our Best Market. Includes interviews with Publicis Groupe, RMS Medical, TGR Financial, Smith-Midland, In Play Oil, Dyadic International, Hut 8 Mining and Bionomics. Thanks to all the OTCQX companies that joined our video series in 2018.
Views: 70 OTC Markets Group
If you want to skip the lesson and just practice go to 10:48. I spend the first have of the video explaining how to identify which country has an absolute advantage, calculate opportunity cost, identify which country has a comparative advantage, and find a terms of trade that both countries would voluntarily agree to. The second half of the video is an additional practice questions where I quickly go over the answers. I also added the answers below if you are in a hurry. Thank you for watching, please subscribe. Additional Multiple Choice Questions https://www.youtube.com/watch?v=WLfOZz-_JMY&t=6s Unit 1 Summary Video (includes quick and dirty trick) https://www.youtube.com/watch?v=JBHbwtzHfDg ANSWERS Situation #1 (5:30) The US can produce 20 planes or 2 cruise ships France can produce 12 planes or 2 cruise ships -The US has an ABSOLUTE ADVANTAGE in planes -Neither has an ABSOLUTE ADVANTAGE in cruise ships -For the US, 1 plane costs 1/10 cruise ship and 1 ship costs 10 planes -For France, 1 plane costs 1/6 cruise ship and 1 ship costs 6 planes -US has COMPARATIVE ADVANTAGE in planes -France has COMPARATIVE ADVANTAGE in cruise ships -Terms of trade: 1 Cruise Ship for 7 Planes Situation #2 (11:12) Korea can produce 3 cars or 9 motorcycles Germany can produce 4 cars or 8 motorcycles -Germany has an ABSOLUTE ADVANTAGE in cars -Korea has an ABSOLUTE ADVANTAGE in motorcycles -For Korea, 1 car costs 3 motorcycles and 1 motorcycle costs 1/3 car -For Germany, 1 car costs 2 motorcycles and 1 motorcycle costs 1/2 car -Germany has COMPARATIVE ADVANTAGE in cars -Korea has COMPARATIVE ADVANTAGE in motorcycles -Terms of trade: 1 Car for 2.5 Motorcycles Situation #3 (13:22) Japan can produce 4 laptops or 12 phones Brazil can produce 1 laptops or 5 phones -Japan has an ABSOLUTE ADVANTAGE in laptops -Japan has an ABSOLUTE ADVANTAGE in phones -For Japan, 1 laptop costs 3 phones and 1 phone costs 1/3 laptop -For Brazil, 1 laptop costs 5 phones and 1 phone costs 1/5 laptop -Japan has COMPARATIVE ADVANTAGE in laptops -Brazil has COMPARATIVE ADVANTAGE in phones -Terms of trade: 1 Laptop for 4 Phones Situation #4 (16:08) Cuba takes 4hrs to make a TV and 12hrs to make salsa Mexico takes 1hr to make a TV and 5hrs to make salsa -Mexico has an ABSOLUTE ADVANTAGE in TVs -Mexico has an ABSOLUTE ADVANTAGE in Salsa -For Cuba, 1 TV costs 1/3 salsa and 1 salsa costs 3 TVs -For Mexico, 1 TV costs 1/5 salsa and 1 salsa costs 5 TVs -Mexico has COMPARATIVE ADVANTAGE in TVs -Cuba has COMPARATIVE ADVANTAGE in salsa -Terms of trade: 1 salsa for 2.5 TVs Get the Ultimate Review Packet http://www.acdcecon.com/#!review-packet/czji Macroeconomics Videos https://www.youtube.com/watch?v=XnFv3d8qllI Microeconomics Videos https://www.youtube.com/watch?v=swnoF533C_c Follow me on Twitter https://twitter.com/acdcleadership
Views: 280255 Jacob Clifford
Elizabeth, an Everyday Economics viewer, asks: “How does the purchase of fair-trade goods affect wages in developing countries?” Great question! The “fair trade” movement has become popular as a proposed way to increase living standards in developing countries. In this video, we look at whether fair trade does just that. For a good to be considered “fair trade” it must meet various requirements developed by a handful of fair trade organizations. In the developing world, who is better positioned to meet these fair trade requirements — large producers in wealthier countries or small producers in poorer countries? To answer this question, we take a look at the the example of fair trade coffee produced in both Costa Rica and Ethiopia. How does fair trade affect wages and overall quality of life in those countries? And, if fair trade isn’t the best way to improve living standards in developing countries, how else can we maximize employment options and well-being for poor workers? This question is at the core of an entire branch of economics — Development Economics. To learn more, check out MRU’s Development Economics course. What topic should we do next? http://bit.ly/1QWdvOn Ask a question about the video: http://bit.ly/1RLhHh0 Next video: http://bit.ly/21KMH5q Help us caption & translate this video! http://amara.org/v/GoFV/
Views: 246031 Marginal Revolution University
New analysis from the OECD and WTO breaks with conventional measurement of trade flows to reflect the way businesses increasingly disperse production chains across several countries. By looking at imports and exports in value-added terms, a fuller picture can be built up of international trade and commercial relations between nations. For more info, visit: www.oecd.org/trade/valueadded
Views: 69815 OECD
The GATT/WTO has played a central role in coordinating trade policy across countries via multilateral trade negotiations since WWII. Since 1947, the GATT/WTO has also grown in its membership from a small set of 23 (mainly developed) countries to a roster that now includes more than 150 countries. Not only have tariffs been lowered substantially from their historical high (witnessed during the Great Depression), but nontariff barriers have also become increasingly regulated under the GATT/WTO. Meanwhile, global trade flows have increased exponentially at a rate above the growth rate of merchandise output. Yet, we are seeing rising sentiment against globalisation and an impasse in multilateral trade talks. It is thus extremely important to provide a historical assessment of what the GATT/WTO has imparted to the world economy. Faculty profile: https://economics.smu.edu.sg/faculty/profile/9681/CHANG-Pao-Li In this video, Professor Chang Pao Li shares her insights of her research suggesting large GATT/WTO trade-promoting effects that are robust among members and non-members with positive trade flows in spite of interruptions by a few major negative shocks, such as the 2009 financial crisis. In addition, the system is found to have reduced income disparity across countries, thus the GATT/WTO has improved the global welfare in a progressive way.
Views: 128 Singapore Management University
International trade results in an increase in efficiency and total welfare among consumers and producer in the countries that participate in it. This is a thesis presented by advocates of free trade all the time. This lesson provides a simple illustration of the gains from trade experienced by an exporting and an importing nation, showing the increases in consumer and producer surplus and total welfare resulting from specialization based on comparative advantage. Want to learn more about economics, or just be ready for an upcoming quiz, test or end of year exam? Jason Welker is available for tutoring, IB internal assessment and extended essay support, and other services to support economics students and teachers. Learn more here! http://econclassroom.com/?page_id=5870
Views: 48164 Jason Welker
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Views: 62520 Wian Guse
To ensure that trade continues to deliver on jobs and growth and that the poor benefit most, countries must remain open to trade and the world must do more to bring low-income countries into the global trading system.
Views: 10272 World Bank
What is the best way to make a country rich? Should you adopt a policy of free trade? Or is protectionism and economic nationalism the better way? We explore the history and theory of one of the central questions of economics and politics. If you like our films, take a look at our shop (we ship worldwide): https://goo.gl/MsEsSJ Join our mailing list: http://bit.ly/2e0TQNJ Or visit us in person at our London HQ https://goo.gl/rf4Qob FURTHER READING “One of the most pressing choices facing modern economies is whether to adopt a policy of free trade or of protectionism, that is, whether to encourage foreign goods into the country with minimum tariffs and allow industries to relocate abroad; or whether to make it hard for foreign firms to sell their goods internally and discourage domestic producers tempted by cheaper wages in other lands…” You can read more on this and other subjects on our blog, here: https://goo.gl/3EQAUQ MORE SCHOOL OF LIFE Our website has classes, articles and products to help you think and grow: https://goo.gl/gksYJ8 Watch more films on CAPITALISM in our playlist: http://bit.ly/TSOLcapitalism Do you speak a different language to English? Did you know you can submit Subtitles on all of our videos on YouTube? For instructions how to do this click here: https://goo.gl/mGNH3r SOCIAL MEDIA Feel free to follow us at the links below: Facebook: https://www.facebook.com/theschooloflifelondon/ Twitter: https://twitter.com/TheSchoolOfLife Instagram: https://www.instagram.com/theschooloflifelondon/ CREDITS Produced in collaboration with: Mike Booth https://twitter.com/somegreybloke?lang=en http://www.youtube.com/somegreybloke #TheSchoolOfLife
Views: 267199 The School of Life
CNBC commentator and trader Todd Gordon explains how Elliott Wave analysis offers unique benefits for trading options. ***** Get free market analysis, education and events from the world's largest market forecasting company: http://bit.ly/ClubEWI Subscribe to Elliott Wave International's YouTube Channel: http://bit.ly/EWI-YouTube Or, follow Elliott Wave International around the web: --Facebook: http://bit.ly/EWI-Facebook --Twitter: http://bit.ly/EWI-Twitter --LinkedIn: http://bit.ly/EWI-LinkedIn --Website: http://bit.ly/ElliottWaveInternational
Views: 122 Elliott Wave International
Tutorial of what happens to consumption gain and production gain before and after international trade (International Economics). http://www.MyBookSucks.Com "Party More Study Less"
Views: 33346 Economicsfun
What is globalization? Is globalization a good thing or not. Well, I have an answer that may not surprise you: It's complicated. This week, Jacob and Adriene will argue that globalization is, in aggregate, good. Free trade and globalization tend to provide an overall benefit, and raises average incomes across the globe. The downside is that it isn't good for every individual in the system. In some countries, manufacturing jobs move to places where labor costs are lower. And some countries that receive the influx of jobs aren't prepared to deal with it, from a regulatory standpoint. Anyway, Jacob and Adriene can explain the whole thing to you in 10 minutes. *** Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse Thanks to the following Patrons for their generous monthly contributions that help keep Crash Course free for everyone forever: Mark, Eric Kitchen, Jessica Wode, Jeffrey Thompson, Steve Marshall, Moritz Schmidt, Robert Kunz, Tim Curwick, Jason A Saslow, SR Foxley, Elliot Beter, Jacob Ash, Christian, Jan Schmid, Jirat, Christy Huddleston, Daniel Baulig, Chris Peters, Anna-Ester Volozh, Ian Dundore, Caleb Weeks -- Want to find Crash Course elsewhere on the internet? Facebook - http://www.facebook.com/YouTubeCrashCourse Twitter - http://www.twitter.com/TheCrashCourse Tumblr - http://thecrashcourse.tumblr.com Support Crash Course on Patreon: http://patreon.com/crashcourse CC Kids: http://www.youtube.com/crashcoursekids
Views: 704326 CrashCourse
Your IB Economics Course Companion! This is video 6 of 9 videos in “The International Trade and Economic Development Series”. Watch the entire series right here: https://www.youtube.com/playlist?list=PLNI2Up0JUWkHU2hlv6nWtW6hJif4bFskA The List! Here is the “The List” for “The International Trade and Economic Development Series” For an explanation of the logic of “The Lists” click here: https://youtu.be/dE0fbsgXlFE International barriers to development 1. Over-specialization on a narrow range of products 2. Price volatility of primary products 3. Inability to access international markets Trade strategies for economic growth and economic development 1. Import substitution industrialization (ISI) 2. Export promotion (export-led growth or outward oriented growth strategy) 3. Trade liberalization 4. Bilateral and regional preferential trade agreements 5. Diversification (in exports) Development strategies 1. Fairtrade organizations a. Fairtrade Labeling Organization International (FLO) I hope you find these videos helpful to your study of Economics. Enjoy! Brad Cartwright . Follow on Twitter: IB Specific News and Analysis Daily! https://twitter.com/econ_ib . Follow on Instagram: https://www.instagram.com/econcoursecompanion/ Support Econ Course Companion: https://www.paypal.com/cgi-bin/webscr?cmd=_s-xclick&hosted_button_id=CQS377QG4VM4G&source=url
Views: 11081 Econ Course Companion
Examining the effects of international trade and what a more inclusive trade agenda might look like for Canada. Click or copy and paste the link below into your browser to read the complimentary report: https://www.conferenceboard.ca/search.aspx#q=inclusive%20trade&sort=relevancy
Views: 100 The Conference Board of Canada
★ Check out my new course: Options Mastery #4 - Calendars: https://rise2learn.com/course-overview/options-mastery-4/ Posted at: https://tradersfly.com/2019/01/benefits-trading-calendar-ep-221/ In today's episode of let's talk stocks I am going to share with you more than 8 great advantages of trading options and also calendar spreads. We'll talk about things like capital, risk, percentage of returns, direction, hedging, flexibility, and much more... ★ Submit your question for a future episode here: https://tradersfly.com/voice-message/ ★ REGISTER FOR A FREE LIVE CLASS ★ http://bit.ly/marketevents ★ GETTING STARTED RESOURCE FOR TRADERS ★ http://bit.ly/startstocksnow * Please note: some of the items listed below could and may be affiliate links ** * Trading Software / Tools * Scottrade: http://bit.ly/getscott SureTrader http://bit.ly/getsuretrader TC2000: http://bit.ly/gettc2000 TradeKing: http://bit.ly/gettradeking TradeStation: http://bit.ly/getstation ★ SHARE THIS VIDEO ★ https://youtu.be/y_otRFV823k ★ SUBSCRIBE TO MY YOUTUBE: ★ http://bit.ly/addtradersfly ★ ABOUT TRADERSFLY ★ TradersFly is a place where I enjoy sharing my knowledge and experience about the stock market, trading, and investing. Stock trading can be a brutal industry especially if you are new. Watch my free educational training videos to avoid making large mistakes and to just continue to get better. Stock trading and investing is a long journey - it doesn't happen overnight. If you are interested to share some insight or contribute to the community we'd love to have you subscribe and join us! FREE 15 DAY TRIAL TO THE CRITICAL CHARTS - http://bit.ly/charts15 GET THE NEWSLETTER - http://bit.ly/stocknewsletter STOCK TRADING COURSES: - http://tradersfly.com/courses/ STOCK TRADING BOOKS: - http://tradersfly.com/books/ WEBSITES: - http://rise2learn.com - http://criticalcharts.com - http://tradersfly.com - http://backstageincome.com - http://sashaevdakov.com SOCIAL MEDIA: - http://twitter.com/criticalcharts/ - http://facebook.com/criticalcharts/ MY YOUTUBE CHANNELS: - TradersFly: http://bit.ly/tradersfly - BackstageIncome: http://bit.ly/backstageincomePosted at: https://tradersfly.com/2018/11/day-trading-rooms-hfr-15/ ★ Submit your question for a future episode here: https://tradersfly.com/voice-message/ ★ REGISTER FOR A FREE LIVE CLASS ★ http://bit.ly/marketevents ★ GETTING STARTED RESOURCE FOR TRADERS ★ http://bit.ly/startstocksnow * Please note: some of the items listed below could and may be affiliate links ** * Trading Software / Tools * Scottrade: http://bit.ly/getscott SureTrader http://bit.ly/getsuretrader TC2000: http://bit.ly/gettc2000 TradeKing: http://bit.ly/gettradeking TradeStation: http://bit.ly/getstation ★ SHARE THIS VIDEO ★ https://youtu.be/BPEqK4Ejhwo ★ SUBSCRIBE TO MY YOUTUBE: ★ http://bit.ly/addtradersfly ★ ABOUT TRADERSFLY ★ TradersFly is a place where I enjoy sharing my knowledge and experience about the stock market, trading, and investing. Stock trading can be a brutal industry especially if you are new. Watch my free educational training videos to avoid making large mistakes and to just continue to get better. Stock trading and investing is a long journey - it doesn't happen overnight. If you are interested to share some insight or contribute to the community we'd love to have you subscribe and join us! FREE 15 DAY TRIAL TO THE CRITICAL CHARTS - http://bit.ly/charts15 GET THE NEWSLETTER - http://bit.ly/stocknewsletter STOCK TRADING COURSES: - http://tradersfly.com/courses/ STOCK TRADING BOOKS: - http://tradersfly.com/books/ WEBSITES: - http://rise2learn.com - http://criticalcharts.com - http://tradersfly.com - http://backstageincome.com - http://sashaevdakov.com SOCIAL MEDIA: - http://twitter.com/criticalcharts/ - http://facebook.com/criticalcharts/ MY YOUTUBE CHANNELS: - TradersFly: http://bit.ly/tradersfly - BackstageIncome: http://bit.ly/backstageincome
Views: 902 Sasha Evdakov: Tradersfly
Complex geopolitical maneuvering explained with Game of Thrones and . . . googly eyes. Become a Video Lab member! http://bit.ly/video-lab Tariffs can be used as a useful tool to protect domestic industry or to serve as a punitive measure against another country. But President Trump’s bluster and threats of imposing tariffs on foreign imports to the US have raised the specter of a trade war with China, and more recently, Mexico. The “weapons” used in a trade war are the stuff we use everyday — the food we eat, the cars we drive to work and the computers we use. If a trade war can have such a pervasive impact on our daily lives, why would a country choose to engage in one? And what even is a trade war anyway? Vox.com is a news website that helps you cut through the noise and understand what's really driving the events in the headlines. Check out http://www.vox.com. Watch our full video catalog: http://goo.gl/IZONyE Follow Vox on Facebook: http://goo.gl/U2g06o Or Twitter: http://goo.gl/XFrZ5H
Views: 1048596 Vox
Free, fair, and reciprocal trade is essential to American and global prosperity. During World Trade Week, we reaffirm our unwavering commitment to ensuring that our Nation’s farmers, ranchers, manufacturers, and entrepreneurs are able to sell their goods and services in the global market on a level playing field. We also celebrate mutually beneficial and balanced trade between nations and pledge to continue pressing those countries that persist with one-sided trade polices to abandon them. Our Nation is benefiting from a booming economy that is improving the lives of hardworking Americans and their families. Since my election, we have witnessed the creation of more than 5.8 million new jobs, including approximately 500,000 new manufacturing jobs. American gross domestic product grew at nearly 3 percent last year, and at a rate of 3.2 percent in the first quarter of this year. As a result, wages are rising at the fastest pace in a decade. This economic success is a testament to the effectiveness of my Administration’s tax, regulatory, and tariff and trade policies. With a level playing field, American workers and producers can compete with any nation in the world. In recent years, however, our prosperity has been hampered by the growing economic aggression and unfair trading practices of other countries. Nations that do not share our free market values have used dumping and industrial subsidies, discriminatory non tariff barriers, forced technology transfers, excess capacity, cyber and hacking attacks, and other forms of economic aggression to gain unfair competitive advantages over American workers and producers. My Administration is using every available tool to confront these burdensome, market-distorting trade practices. We are aggressively enforcing the well-established trade laws of the United States, and we are negotiating new trade agreements to address unfair trade practices and remove barriers to the export of our goods and services. My Administration’s leadership in strongly pursuing fair trade is enabling our Nation’s firms to compete on a more level, fair playing field. We are working to modernize and improve our agreements, negotiating new trade deals that protect our national security and are based on fairness and reciprocity. For example, we revised one of our most significant trade deals, the United States–Korea Free Trade Agreement (KORUS), to make it far more beneficial to American workers. In addition, with the signing of the United States-Mexico-Canada Agreement (USMCA), I delivered on my promise to renegotiate the outdated and unbalanced North American Free Trade Agreement (NAFTA). Once approved by the Congress, the USMCA will help address longstanding trade imbalances by granting American businesses across all sectors of our economy greater freedom to sell their goods and services throughout North America. The successful conclusion of both KORUS and USMCA shows that new trade deals that work for all Americans — and not just some — are possible. My Administration is also actively engaged in negotiations with the European Union, the United Kingdom, and Japan to secure broader market access for American products and services. The United States and our trading partners benefit greatly from free, fair, balanced, and reciprocal trade. This week, we renew our commitment to addressing persistent trade imbalances, breaking down trade barriers, and providing Americans new opportunities to increase exports. Greater transparency in global trade and predictable business climates in economies that adhere to high standards for trade and investment will bring greater prosperity to our Nation and the world. NOW, THEREFORE, I, DONALD J. TRUMP, President of the United States of America, by virtue of the authority vested in me by the Constitution and the laws of the United States, do hereby proclaim May 19 through May 25, 2019, as World Trade Week. I encourage Americans to observe this week with events, trade shows, and educational programs that celebrate the benefits of trade to our country. IN WITNESS WHEREOF, I have hereunto set my hand this seventeenth day of May, in the year of our Lord two thousand nineteen, and of the Independence of the United States of America the two hundred and forty-third. DONALD J. TRUMP #stocks #stockmarket #investing #donaldtrump #news Trade war with China. United States Trade War with china. Stock Market News. Stock Market Analysis. us vs china 2019. China Trade War Update. China Trade War latest news. U.S. vs China Trade war explained. Trade War. https://www.whitehouse.gov/presidential-actions/proclamation-world-trade-week-2019/
Views: 240 Stock Market Investing
More and more people are talking about the World Trade Organization these days due to the many controversies surrounding global trade. The WTO will most likely end up having to play its role as a mediator sooner rather than later, so it would be a good idea to understand what exactly the World Trade Organization is and what this organization does. A lot of people think they know what the WTO is supposed to do but actually don't. And since discussions about the World Trade Organization tend to be heated in our current political climate, misconceptions abound. Let's try to be objective and put the World Trade Organization under the microscope. Please like, comment and subscribe if you've enjoyed this video. If you'd like to follow me on social media, use one of the links below: https://www.facebook.com/oneminuteeconomics/ https://twitter.com/andreipolgar https://ro.linkedin.com/in/andrei-polgar-9a11a561 To support the channel, give me a minute (see what I did there?) of your time by visiting OneMinuteEconomics.com and reading my message. Bitcoin donations can be sent to 1AFYgM8Cmiiu5HjcXaP5aS1fEBJ5n3VDck and PayPal donations to [email protected], any and all support is greatly appreciated! Oh and I've also started playing around with Patreon, my link is: https://www.patreon.com/oneminuteeconomics Interested in reading a good book? My first book, Wealth Management 2.0 (through which I do my best to help people manage their wealth properly, whether we're talking about someone who has a huge amount of money at his disposal or someone who is still living paycheck to paycheck), can be bought using the links below: Amazon - https://www.amazon.com/Wealth-Management-2-0-Financial-Professionals-ebook/dp/B01I1WA2BK Barnes & Noble - http://www.barnesandnoble.com/w/wealth-management-20-andrei-polgar/1124435282?ean=2940153328942 iBooks (Apple) - https://itun.es/us/wYSveb.l Kobo - https://store.kobobooks.com/en-us/ebook/wealth-management-2-0 My second book, the Wall Street Journal and USA Today bestseller The Age of Anomaly (through which I help people prepare for financial calamities and become more financially resilient in general), can be bought using the links below. Amazon - https://www.amazon.com/Age-Anomaly-Spotting-Financial-Uncertainty-ebook/dp/B078SYL5YS Barnes & Noble - https://www.barnesandnoble.com/w/the-age-of-anomaly-andrei-polgar/1127084693?ean=2940155383970 iBooks (Apple) - https://itunes.apple.com/us/book/age-anomaly-spotting-financial-storms-in-sea-uncertainty/id1331704265 Kobo - https://www.kobo.com/ww/en/ebook/the-age-of-anomaly-spotting-financial-storms-in-a-sea-of-uncertainty Last but not least, if you'd like to follow me on social media, use one of the links below: https://www.facebook.com/oneminuteeconomics https://twitter.com/andreipolgar https://ro.linkedin.com/in/andrei-polgar-9a11a561
Views: 101264 One Minute Economics
Rs. 426,000/- Profit in Intraday Trading in a Single day!!! Crazy but Intelligent Trading by a 22 Year Old.. Kuntal Ghosh is one of our Youtube Channel followers, who strictly follows money management and Risk to reward. Who always trades with Stop Loss and Take profit, and keeps tracking his favorite stocks before entering into a trade for weeks... At present he seems to be on the path of becoming a good professional trader... and I am so proud of it... My dream of making international fund managers in India got a shot in the arm with this testimonial... I am so so happy... In this video we will see his Live Statement, analyze it, see the set up he uses, the positives of this type of trading and the challenges in this type of trading.... This case study will help every trader who wants to trade systematically... so don't miss this. Wishing you all the very best...
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Richard Carleton, CEO of the CSE and Chris King, SVP International Corporate Services discuss the alliance between the CSE and OTC Markets Group and the benefits to the home exchange. They also share thoughts on why international companies looking to raise capital in North American can benefit from trading on OTCQX in the U.S. market and the CSE in Canada.
Views: 62 OTC Markets Group
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