Tariffs vs Quotas | Economics Explained in 60 seconds | Think Econ
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- Опубліковано 4 лип 2024
- In this video we briefly explain what the two main economic trade barriers are: tariffs and quotas. We hope you find this video helpful!
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this is so helpful for my geography assessment!
I’m glad to hear it!
Thank you for this. Is one better than the other?
One is not particularly better than the other, but they do achieve slightly different purposes which makes one more preferred than the other depending on the circumstances!
First viewer!
That notification bell is putting in work!
Where are you from?
Canada!
@@ThinkEcon very well explained. 👍
@@tulsisharma1976 Thank you!