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Specialization And Trade Crash Course Economics

In which Adriene Hill and Jacob Clifford teach you about specialization and trade, and how countries decide whether they're going to make stuff or trade for stuff.

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What is a trade deficit? Well, it all has to do with imports and exports and, well, trade. This week Jacob and Adriene walk you through the basics of imports, ...

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In which Jacob Clifford and Adriene Hill teach you about Economic Systems and Macroeconomics. So, economics is basically about choices. We'll look at some ...

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Individuals and countries benefit from trade. Even though it isn't very realistic, simplified examples like this will help you understand the idea of comparative ...

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What is globalization? Is globalization a good thing or not. Well, I have an answer that may not surprise you: It's complicated. This week, Jacob and Adriene will ...

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In which Jacob Clifford and Adriene Hill launch a brand new Crash Course on Economics! So, what is economics? Good question. It's not necessarily about ...

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How two parties can get better outcomes by specializing in their comparative advantage and trading Watch the next lesson: ...

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Mr. Clifford's 60 second explanation of comparative advantage and identifying who should specialize. Please keep in mind that these clips are not designed to ...

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"Specialization and Trade" by @LearnLiberty ▻ Get Learn Liberty updates in your inbox! http://LearnLiberty.org/subscribe Prof. Carden is able to mow his lawn, ...

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So, we've been putting off a kind of basic question here. What is money? What is currency? How are the two different. Well, not to give away too much, but ...

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Adriene and Jacob teach you all about markets. So, in free market(ish) economies like the United States and most of the world, markets are a big deal. Markets ...

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This video goes over a typical gains from trade scenario where two countries are producing on their PPF, and then specialize and trade. The movie shows how ...

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Showing that a party benefits from trade as long as there is a comparative advantage (and not necessarily an absolute advantage) Watch the next lesson: ...

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What is debt? What is a deficit? And do these things have different outcomes for individuals and nations? Adriene and Jacob answer all these questions and ...

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This is cut from Crash Course Economics episode one. To watch the full video go to the Crash Course Economics page. I do not own this video, just cut it in ...

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This week we'll see how economies can be broken down into the primary, secondary, and tertiary sectors. We'll look at the three stages of economic revolution ...

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What is a monopoly? It turns out, it's more than just a board game. It's a terrible, terrible economic practice in which giant corporations dominate markets and hurt ...

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EconMovies explain economic concepts through movies. In this episode, I use The Hunger Games to explain the idea of specialization and comparative ...

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Would you like to play a game, Dr. Falken? Actually, this episode isn't really about games, or Matthew Broderick, or Thermonuclear War. But enough with the ...

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