Trade and tariffs | APⓇ Microeconomics | Khan Academy

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Название	:	Trade and tariffs \| APⓇ Microeconomics \| Khan Academy
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The most perfect video
Comment from : Anshu Kalshyan

thank you heaps!
Comment from : Shanaya Sin

you start with a closed economy yet you use world price to begin with This is misleading
Comment from : Beef And Potatoes

I'm not enrolled in AP Microeconomics, yet I'm still watching this video for fun Most people my age don't know what a tariff is What am I doing with my sad and boring life?
Comment from : Person

Good stuff man
Comment from : Brandons Excel Tutorials

Sal Khan Supremacy is the ultimate truth of the world
Comment from : shreyas637

Thank you so much!! Very helpful:)
Comment from : Coco Shi

Investing in crypto is the only big chance of making money
Comment from : Austin Crucial

cool bro
Comment from : Cao Minh

THANK YOU
Comment from : Ikram Te

Thanks
Comment from : nhi nguyễn thân vân

Would be great to see how an excise tax affects an open market :p
Comment from : José David Mendoza Pérez

Everybody: trading brChina: imposes tariffs on everything
Comment from : alevator

7 The tariff levied in a "large country" (Home), lowers the world price of the imported good This brcauses brA) no change in the foreign price of the good it imports brB) foreign consumers to demand less of the good on which was levied a tariff brC) domestic demand for imports to decrease brD) domestic demand for imports to increase brE) foreign suppliers to produce less of the good on which was levied a tariffbrbrThis was an old exam question, but I think it is phrased weirdly? In relation to the video a tariff would increase the world price right? So I don't know what to answer in this instance? Otherwise I would have answered C Can anyone help me?
Comment from : Sebastian

Thankyou so much, this is helping my homework a lot
Comment from : Nurisnaeni Novitasari

how do you find the gradient of the lines?
Comment from : Matt Holley

Very helpful, many thanks
Comment from : Carlos Santana

Yes, tariffs are bad Or are they? Neodymium, oil, and gold tariffs would indeed bring in revenue without killing American business Those are the only 3 tariffs that would work
Comment from : Daniel Newhouse

Why is there dead weight in tariff scenario Why can't the revenue be the remaining trapezium You have drawn a rectangle here Can you explain that part? Thanks
Comment from : Mahesh Dhoni

Well actually tariffs protects, the economy of nation states The founders of the US Republic believed that thoroughly Tariff allowed the US to become the greatest and most innovative manufacturing economy in history While keeping cheap and slave labor products out of the US, produced the greatest middle class in history When tariffs were removed by the implementation of the General Agreement of Tariffs and Trade ( GATT ) American Labor was forced to compete with those cheap and slave labor economies
Comment from : louiethegreater1

thank you so much Now i got the clear concept
Comment from : zahiduzzaman Ivan

It's not about trade It's about exporting jobs for cheap labor China has nothing we need except cheap labor which advanced technology has made possible more than ever We handed China an economy at the expense of our own
Comment from : Joanie Adams

How sal teach everything from biology to calculus to now economics!!!!
Comment from : Mrinmoy Bhagawati

11th
Comment from : Samuel Seymour

Trade is ELASTIC People will substitute People will not purchase Companies will move their supply chains to better countriesbrbrTARIFFS WORK!
Comment from : Mac Tek