International Trade 101 | Economics Explained скачать в хорошем качестве

International Trade 101 | Economics Explained

What is international trade? This video introduces the benefits and costs of international trade. You’ll learn about how international trade usually benefits consumers using the example of a country opening to trade coffee with the rest of the world. The exchange can be imports or exports. You’ll also learn about the costs of international trade. In our example, domestic sellers must now compete with sellers from around the world who offer cheaper prices, and not everyone will be able to compete. This explains why sometimes governments enact trade measures like tariffs to protect their domestic businesses. Interested in learning more about trade? Check out these resources: https://www.stlouisfed.org/publicatio... https://www.stlouisfed.org/publicatio... Visit the economic education section of our website for more free resources for teachers and students: https://www.stlouisfed.org/education 00:00 - Introduction 00:50 - Competition 02:00 - Supply and Demand 06:00 - Imports and Exports 07:37 - Tariffs Follow us: X/Twitter: https://x.com/stlouisfed LinkedIn:   / stlouisfed   Instagram:   / stlouisfed   Facebook:   / stlfed   Threads: https://www.threads.net/@stlouisfed #Economics #Teaching #Trade