So clear!! Thank you! We've been learning this all semester but the logic was never clearly stated. Now I get it! Our professor showed us how to draw the graphs for any given country by drawing a second graph for the world market and making the shifts from there. I like his approach visually, but without the underlying logic it was useless.
Amazing explanation! 😮I just did one question and were so confused of why the world price went above the eq price ,,,, and your video helped me a lot !
So do you mean we would draw a World supply to the diagram, which illustrates the country with comparative disadvantage and draw a World demand to the one has comparative advantage? `
The assumption here seems off to me. South Korea would be able to produce apples at a lower cost than America due to lower labor cost. Labor Costs are such a large part of the cost of farming I would think that any technology advance of producing applies would not overwhelm the savings in labor cost. The assumption seems wrong.
So clear!! Thank you! We've been learning this all semester but the logic was never clearly stated. Now I get it! Our professor showed us how to draw the graphs for any given country by drawing a second graph for the world market and making the shifts from there. I like his approach visually, but without the underlying logic it was useless.
Thank you so much for all your vids !!! so helpful ;) now i will surely pass my exam for "european and international integration"
Thank you sir!! I might be able to pass my international economics exam after your videos!
did u pass?
@@alibekzheteyev273 I did ;)
You broke it down so well. Thank you
Amazing explanation! 😮I just did one question and were so confused of why the world price went above the eq price ,,,, and your video helped me a lot !
Very nice! I like that this video gets straight to the point.
Thank you Jason. Very nicely explained.
Thank you. wish u explained a bit more on capital gain of S.Korea!
So if I want to find the total gain by trading, do I sum the gains in the american market and the gains in the south korean market?
You are a God amongst men
thank you so much, Sir - you have been tremendously helpful!!!! Regards Jen
this is amazing, thank you!
i love u so much my exam is tomorrow u are my savior
what happened ?...
The pursuit of private gain under free market results in an efficient use of resources. Is it correct and why?
Do international trades increase ps, cs and ss?
Great explanation!!
So do you mean we would draw a World supply to the diagram, which illustrates the country with comparative disadvantage and draw a World demand to the one has comparative advantage? `
Yes! You got it!
wildlife economic s
great job
you are simply amazing
Tysm❤️❤️dats really helpful for me ☺️☺️
Brilliant.
These videos save my butt
very helpful thanks
Shout out VSU!!!!
Character In the video It's great, I like it a lot $$
The name of the united states supply curve is kinda sus
The assumption here seems off to me. South Korea would be able to produce apples at a lower cost than America due to lower labor cost. Labor Costs are such a large part of the cost of farming I would think that any technology advance of producing applies would not overwhelm the savings in labor cost. The assumption seems wrong.
how's u determine producer surplus???.....please explain
Qd Qus Qs ?
Voice 😳😳😳
better than 20 lectures from my shitty lecturerer
Grüße an alle die grad VWL lernen!