Balance of Payments (BOP) Accounts- Macro 6.1
HTML-код
- Опубликовано: 8 май 2012
- In this video I explain the Balance of Payments with the current and capital (financial) account. Keep in mind that when a country has a deficit in one account they must have a surplus in the other account. Thanks for watching. Please subscribe.
To learn about misconceptions about the minimum wage, click here
• Minimum Wage- Econ in ...
To learn more economics, click here
• Video
Macroeconomics Videos
• Video
Microeconomics Videos
• All Microeconomics Pla...
Check out my Review Apps for Macro and Micro
itunes.apple.com/us/app/ap-ma...
Watch Econmovies
• EconMovies
Follow me on Twitter
/ acdcleadership
2024 anyone?
😊😊😊😊
exam's tomorrıe😢
😊
2024 me
my exam's in about an hour and I just found this guy 😭
just spent 3 hours reading through a chapter of this and your explanation made everything even more clearer. I don't understand why these books prolonged wordsss and made it sound complicated
for realzies girlie pops
i
in 4 minutes i understood everything my macro teacher failed to explain during a whole hour....
Me one year later
@@brandtwaller4952 me one month later
m2
same here
U are not the only one :D
though I have no hope for tomorrow's exam...but for sure I will watch & learn the lessons you taught...
you are great professor!
You saved my life on econ exams so many times omg.. THANK YOU! :D
Lili Ronga this guy is the best teacher for economics that i have found on RUclips
+Paul Wood best teacher in life.
Paul Wood. Agreed!
@@bluelili91 agree! ❤️
*Friday $1997* My imo no is +8801718710648
Do you do economics in your sleep? You are very knowledgeable in your profession.
Mr Clifford just nails it. DEFINITELY THE BEST TUTORIALS ON YTUBE. He doesn't carry on and on stating the obvious.
i'm an IB Higher Level Economics student, and you're sooo much better than my teacher! you're got a fan/student from the middle-east :) thank you for saving my life!
So easy to understand. Thank you, Mr. Clifford!
It did make sense and I am SHOOK that it did, because I was so confused in class. I thank you sir!!!!!
You are amazing Mr. Clifford! Thank you for your helpful videos. You really helped me in getting straight A+ throughtout all economic courses.
It totally makes sense. Just simple principles in 4 minutes of your video saving me hours reading on the Internet
i wish i discovered this youtube page in 2014 when i was writing my economics exams! thank yu Jacob!
Hello Mr Clifford I honestly found your videos very useful. I'm just wondering if you can do more videos about balance of payments I'm really struggling to understand it. THANK YOU
fantastic. how u summarised and explained it well in 3 mins better than my 1 period of class
This is some great content I learnt more from this 3 minute video then I learnt from an entire semester from my teacher
yall is shadddy lol
If you were my macro professor, I would never fall asleep!!!!
sameee
understood the whole concept in 3 minutes .. just extraordinary teaching
Excellent explanation.within 4 min I understood this concept clearly.
Thanks a lot, Mr. Clifford.. Superb explanations.
this is the only explanation of this that makes sense. thank you Mr. Clifford
Clifford just saved my life. Test in 20 minutes.
The video was simple yet informative, and the upbeat "feel" of the video made me focus. Thank you for such a great video and I hope your channel prospers.
That was so well explained. I was interested in the Capital Account and you were great at showing the link. Graph showed it in the real world too! Many thanks.
U r clever cus u have a knack of explaining it in an easy to understand way. Thanks.
Thank-you, thank-you, thank-you sooooo much! I have an exam tomorrow and I finally understand this! :D Thanks once again!
You have saved my but year after year in my econ degree. Thank you so so so much :)
This guy is a boss. Awesome teaching style.
Thanks for the simple and yet good explanation
That is truly brilliant teaching.
You’re an underrated legend ❤. You deserve much more respect ❤
So much better than what I read to learn this!
Your explanation is really easy to understand! thanks a lot
it definitely makes sense now, thanks for that!
One of the greatest videos i have watched
Thank you! Well explained!
I liked the jump and as always an awesome explanation.
Thanks you, this one always stumped me!
Excellent explanation. Thank you.
You are a true genius, sir
Truly appreciate ya 👍🏼
Perfect and super quick
you saved my IB life too, (England)
Well explained, thank you
I struggle to find the way to complete my assignment because my teacher failed to explain this topic, my classmates have had the same situation like me. Now I totally understand this whole concept within under 4 minutes that my teacher could not explain within 3 hours.
WHY DID I FIND THIS ONLY THE DAY BEFORE THE AP TEST!!!! WHYYYYYYYYYYYYYYYYYYYYYYYYYYYY
Benjamin Caine same
Really good explanation!
He does a great job.
Clifford, I love you. Just bought the guide
Love you too.
@@MacfadYT lol XD
you saved my life! you basically summed up a whole chapter and my macro teacher's 2.5h lecture in 4m
Oh, thank you so much!!
+Rossella De Falco You are very welcome
+ACDCLeadership Hello, i'm sorry to bother you but what i cant understand is this " explain three effects of a rising trade deficit on the Balance of Payments on the economy"
Hеre аrе just а few оf thе kеу sесcсrets inside mу INCREDIBLЕ trаding sоftwаrе.==>twitter.com/0b3d552a181d9245f/status/804699524132278272 Маcro 5 1 Balаnсe оf Рaуmеnts
I'm pretty sure I'll score at least 90 in my econ exams because of a teacher like him
You're the OG Jacob.
Thank you for nice explanation
QUITE EASY TO UNDERSTAND THANK YOU
Sharp as usual Mr clifford
Nicely explained.
This was a really good video
Thanks sir finally I understood them
You’re the man.
why would anyone thumbs down this video? its sick !!!
I guess ... they pressed that mistakenly ... otherwise it doesn't make sense pressing the thumb down
lol
That was great.
I love this dude
happy anniversary mr. clifford
ohhhhh! now it makes sense!) thank you
Thank you!
very easy. very nice
RUclips videos are better than CPA lectures.
Thank you thank you ! :P You saved me
Great video - thank you. Would you also be able to explain whether or not the US Gov is actually responsible for these figures? Or are these figures an aggregate of market forces between the two countries?
Thank you for these videos, not sure what i would have done without them!!! At university i have been told that there are three types of accounts and that financial and capital accounts are two separate accounts. Why would this be? Thanks again
very helpful...
Thank you 😊
The BOP format in your syllabus is the new format - that from IMF. In the old format there are 3 main accounts : the current account , the capital account which equals the financial account in the new format , and an official financing account , recording the all official transfers related to gold, FOREX. The capital account in the new format used to be part of the unilateral transfers - which belongs to the current account in the old format. He is talking about the NEW financial account.
Great !!
Legend
Jacob, in the capital account explaination you had to introduce the change in the country foreign valute reserves. Best regards.
Many thanks
nice vid thanx
Thank you.
gracias parcero te adoro ;DDDD
Jason Segal is that you?
You are amazing
Thank you
You can also watch him teach Economics on Crash Course
NIce Video, just wanna find out if China is compelled to buy US Bonds and stucks or just stock the extra dollars??
Thank You for your last answer Mr.Clifford. My next question is - from the one hand you say China e.g. receives a lot of $ from US(1:48) and invest it back in US(Bonds,Assets ect)but in another video you told: every country exports & (accepts) only in it's own currency !. Could You precise it please, cause interesting to know...Thx in Advance)
Lol google it.
great!
Thanks bro
Sir ,does value addition more profitable than exports in terms of BoP??
superb
I love you so much.
IT is amazing
will take the exam in 1 hour : )
Jiaqi He bro how was it
About to do the same
I watch these the night before my teacher teaches it bc he terrorizes me by calling on people randomly to answer questions and I’m in a class full of geniuses. It’s extremely stress inducing but effective in getting students to learn material I guess.
Good day Sir
I trust you are well. I wanted to know if I can get your permission to download your videos, as I do not have internet access at home.
I would really appreciate this as your videos can aid my understanding of economics.
mr. +Jeison Kunene I can't answer for Mr. Clifford, but he seems like a nice guy and would likely be okay with that. I don't know if he will be able to reply to your comment.
12 yr anniversary of this video, but still highly relevant😄
So if China buys more assets in the U.S. than the other way around due to China's trade surplus and the U.S's corresponding trade deficit, does this mean China is getting more influential in the U.S.?
Thanks
Mr. Clifford, when the U.S. imports goods from Mexico, does the U.S. send Mexico US dollars or peso's for those goods?
I have heard and read from other resources that when the U.S. imports goods and services, the exporting country can only do two things with the US dollars, either buy U.S. goods w/ the new acquired dollars our buy U.S. financial assets. Is this correct? This theory implies these transactions are settled w/ U.S. dollars.
Where I get confused is w/ the foreign exchange markets? When the U.S. imports goods and services, couldn't the exporting country just use the FOREX market to convert the U.S. Dollars to their native currency?
I guess the basic question I have is, which currency is used to settle foreign transactions? Are they settled w/ the importer's currency or foreign currency? Thanks for your help! Your videos are awesome. Keep up the good work.
Joel
The US would generally buy Mexican imports with Mexican pesos, though it really depends on mutual agreement.
As for countries owning dollars, they are not limited to those two choices as they could also negotiate with other countries for further foreign trade using dollars as the currency for exchange, or invest in other form of currency such as Yuan, Mexican Pesos, British Pounds, etc.
Great video. What's that intro song?