Comparative advantage is one of the deepest and most profound ideas in economics. Should Martha Stewart iron her own shirts? No! We explain why and the implications
Comparative advantage is one of the deepest and most profound ideas in economics. Should Martha Stewart iron her own shirts? No! We explain why and the implications for trade across countries. If you have covered this material before, consider it optional. This video will be useful for any student in a principles of economics class.
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first thank you so much for this course its very important subject and i want ask u if there is a Pdf certicat of complition at the end of this course
its really very important course
Trade is great on aggregate, It should even be a net positive for any single country, even if there are a few that do worse because of it. But it all hinges on no serious supply or demand problems. Doesn't international trade crush relatively uncompetitive countries when there are global AD problems? We have countries in Europe with competitive international trade legislation that are being forecast as having over 20% unemployment for over a decade.
If nobody watches TV anymore, even Martha Steward might end up ironing her own shirts.
So is there any theoretical defense for protectionism in special cases?
Today I started the course.
Can I still take the exam later, after I study, and receive the Statement?
HW Q3 is lil bit difficult... I can't understand what does it say. Could you give me more explanation?
Peace-keeping efforts or medical efforts often involve calculations of 'reduction of harm' - what is good approach for this?
I am sorry, the subtittles you provide are really confused. what about video transcripts instead?. Please be so kind as solve this problem.