IGCSE Economics Chapter 6.2 Globalisation and trade restrictions (Updated for the 2027 syllabus) скачать в хорошем качестве

IGCSE Economics Chapter 6.2 Globalisation and trade restrictions (Updated for the 2027 syllabus)

#Globalisation #TradeRestrictions #IGCSEEconomics This video explains globalisation and trade restrictions, examining the causes and consequences of globalisation, including changes in communication, transport, multinational companies and world trade. It also explores the effects of globalisation on competition, income distribution, migration, development and the environment. The lesson then covers the main types of trade restrictions, such as tariffs, quotas, subsidies and embargoes, and evaluates the reasons for and consequences of protectionism. Clear and exam-focused, this guide helps students master Chapter 6.2 Globalisation and Trade Restrictions and prepare effectively for their IGCSE Economics exams. Timestamps 00:00 - Intro 00:56 - Changes in trade restrictions 1:30 - Changes in transports costs 2:06 - Changes in communication costs 2:43 - Movement of multinational companies 3:14 - Effect on international trade 3:41 - Effect on competition 4:21 - Effect on the environment 4:52 - Effect on migration 5:29 - Effect on income distribution 5:54 - Effect on economic development 6:23 - Multinational companies 8:58 - Tariffs 9:20 - Import quotas 9:37 - Subsidy 9:59 - Embargo 10:28 - Protect infant industries 10:48 - Protect declining industries 11:07 - Protect strategic industries 11:46 - Avoid dumping 12:11 - Reduce deficit on current account 12:37 - Raise tax revenue 13:03 - Restrict the import of demerit goods 13:22 - Promote environmental sustainability