Trade creation and trade diversion

[@samrudhi3733]

your video is still helping me after 10 years. thank you

[@PrimeAliProductions]

You honestly just saved my life.

[@Lyricallision]

thank you very for such a valuable video

[@MariaStancheva17]

I finally understood the diversion! Spent so much time trying to get it from my Economics book. Thank you Steve!

[@bosedengoziadeleye4577]

Simply brilliant Steve.....simply brilliant!!!. You teach with so much simplicity!!! Thank you and please keep the tutorials coming!! I hope you do something on the 'median voter' and 'Protection for Sale'....

[@Moralisful]

Thanks a lot - very helpful! Our professor tried to explain this without using a diagram in the context of the WTO allowing RTAs, assuming they lead to trade creation or diversion, respectively. Darn it, she could have just shown us this video instead of torturing us for one hour with her "Let met explain this in just a few simple words...".

[@19953sam]

This is great. Didn't really understand Trade Diversion prior to watching this, thanks :D

[@Sbebbe]

Thanks a lot Steve, clear as crystal. You've really helped me out with this.

[@girlstalkswithpari6106]

From India, helpful for mee

[@AliyaAly]

Thanks for sharing. Really helpful.

[@suajuteunewme6183]

nce explanation....thank u for the video👍

[@KasunWeer]

Good job! #InternationalEconomics

[@milkywashed]

Thank you! Very good explanation!

[@kuyeomotayo120]

Thanks you 🙋

[@Timmywake1]

great stuff steve, thanks a lot

[@7u7u94]

from bahrain .. thank you so much ♥

[@bleude]

Thanx a lot! Your videos save me lol

[@lovemisspark]

amazing explanations! Steve you're great :D

[@ilkahillen2788]

What I don´t understand is, why (in the example of trade diverson) is the revenue loss of the goverment surface c+ e and not just c? Is it because we are just looking at the supply curves of New Zealand?
Still thanks for the video, helped me a lot!

[@elmoonstuff]

Excellent, thank you!

[@Kraquerman]

good vid
eo

[@Emmanuel-wp2md]

this was helpful. thanx a lot

[@celinephan2466]

well explained! thanks a lot!

[@maxinerodel]

This is great! Thank you so much! Help me with my exams!! :D

[@nikitadas9671]

thanks for this!

[@MyMrwrestling]

at 6.29 it should be a loss in consumer surplus, b/c we now import from france at the higher price. price goes up for consumers.

[@kwikstro]

+haidar101 France with no tariffs is still lower than the previous of NZ + Tariff, which was the previous lowest price.
In other words, the basic price of the sheep is higher in France, but the tariff on NZ sheep pushes the NZ price above France. So it should still be a gain in consumer surplus, I'm fairly sure.

[@easyacademy8110]

Thanks a lot

[@TheCharliee95]

Not clear the effects of trade creation

[@Lyricallision]

can someone explain to me what are2 and 4 is?

[@alokpandey4686]

thanks steve ... exam after an hour

[@dcwanaguru]

Thanks steve

[@yunsuuu]

Thank you so so much

[@ruhaangupta6159]

thanks!

[@ashoklakkireddy4445]

Thanks sir

[@PJJBOSSMUSIC]

HOW TO CALCULATE THESE USING EXCEL ? ANYONE HELPPPPP