I'm so happy I found your channel! I could cry! You make it so easy to understand! I'm taking international economics 100% online and YOU have been my hero!!
I have watched many lectures videos but I do not have words to admire for such nice explanation in a short time May God bless you with a lot happiness Thanx
Thank you so much for your explanation! I'm currently in an international trade course and we have a similar problem like this on Cengage, helped so much!
How does the Leontif Paradix apply to this? since the USA is found to be more inclined to specialise in labour intensive rather than capital intensive. Same can be said for China as they are traditionally inclined towards labour intensive but had shifted to more capital intensive goods, how does it apply to both of them? Nevertheless, wonderful explanation! so easy to follow :)
Great question. US goods are skilled-labor intensive, or “human capital intensive”. Think of the capital as human capital. China’s unskilled workers have been replaced by robots. How time changes everything!
International trade is a story about the tide that does not lift every boat. There will be winners and losers in trade. Not everyone will be a winner. See this clip, ruclips.net/video/_vdSPqQdb1U/видео.html
Iris Franz but what decide that the US is going to consume at Point C with 9 units? Why exactly 9 point? That's my question after the trade who to decide the consumption of the country?
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Not every hero is wearing a cap thanx for the powerful explanation
Glad it helped. Thanks.
I'm so happy I found your channel! I could cry! You make it so easy to understand! I'm taking international economics 100% online and YOU have been my hero!!
You have no idea how much your videos help me out. Words cannot describe how thankful I am.
You are very welcome! Glad that the clips were helpful.
I came in to this video absolutely confused, and 5minutes later i left as a genius :). Perfect explanation, Thank you!
Glad to help!
This was the best explanation video I've every seen. Makes it so simple. I even felt the need to write a comment. Thank you!
Thank you for making these concepts seem much more clear. I'm taking international trade and wish my teacher could explain things like you! Great Job!
Thank you so much!! I was feeling so sad that I couln´t understand my teacher and you explained this in 5 min WOW. Amazing video.
I have watched many lectures videos but I do not have words to admire for such nice explanation in a short time
May God bless you with a lot happiness
Thanx
Thank you very much for your kind words! Much appreciated.
Pls u deserve an award for this... Thank you so much mam
Thanks for your kind words!
Thank you for such a clear description.
Your explanation is amazing...love your clear explanation and your soft voice. Thank you!
Glad to help!
Thank you so much for your explanation! I'm currently in an international trade course and we have a similar problem like this on Cengage, helped so much!
You’re welcome!
Thank you 🙏 for economics theory explained in easy way it really helps to understand the concept.
Couldn't be demonstrated better than this
Zambia 🇿🇲 has endorsed you
You should be my economist teacher. Thanks a lot.
You’re welcome!
thank u for ur perfect explanation, I followed a few other videos of urs as well. understood very clearly
You’re welcome!
You truly are a hero 🫡🫡
Excellent and brief explanation!!
Hope it helped!
You are the best teacher mam, thank you for this lesson
My pleasure!
perfect explanation. Thank you
You’re welcome!
assignment done, thank you so much
Glad to help!
good accent and excellent lesson, thanks, I am struggling with my International economic and u helped me!
Happy to help!
Thank you so much for this video, Iris! It helped me a lot
Glad I could help!
Nice class .👍...from India
it was super helpful. Thank you very much madam.
By the way I have a question.
Why US export 6 and import 6?
I wonder why 6?
i realy like the way you say intenseVU like chinese xD , thanks btwy for your content! it was very very helpful
This is very clear, I finally understand this. Thank you
Glad to help!
perfect explained great work
Thanks!
Thank You great explanation ❤
Very Well Explained
Clear explanation
You are really good. thank you!
Happy to help!
Thanks! You helped me a lot!
Glad I could help!
How do we find a good equilibrium point of trade(Point A)
nicely explained thank you:)
You’re welcome!
How does the Leontif Paradix apply to this? since the USA is found to be more inclined to specialise in labour intensive rather than capital intensive. Same can be said for China as they are traditionally inclined towards labour intensive but had shifted to more capital intensive goods, how does it apply to both of them? Nevertheless, wonderful explanation! so easy to follow :)
Great question. US goods are skilled-labor intensive, or “human capital intensive”. Think of the capital as human capital. China’s unskilled workers have been replaced by robots. How time changes everything!
Very helpful thank you!!
You’re welcome!
wow this was so easy and fast haha my prof tried to explain it for hours
Perhaps your professor is young? I was like that before too. There’s a learning curve in teaching.
Really good one
Thanks! Please share with those who find economics challenging.
Please why only 6 units?
you are great! THANKS
Glad that it was helpful.
thank q Iris
PERFECT!!!!
Glad it was helpful.
PERFECTTTTTTT thank u very much
You're welcome!
Good
What if they trading each other it will save both problems inequality
International trade is a story about the tide that does not lift every boat. There will be winners and losers in trade. Not everyone will be a winner. See this clip,
ruclips.net/video/_vdSPqQdb1U/видео.html
why is the exportation is 6?
and what if the term of trade changed from 1:1?
The U.S. produces 15 aircraft and ended up consuming 9. Therefore, it must have exported 6 aircraft (15-9=6).
Then it would change the entire picture! However, the new terms of trade must be the slope of the line that passes B and B'
Iris Franz but what decide that the US is going to consume at Point C with 9 units? Why exactly 9 point? That's my question after the trade who to decide the consumption of the country?
Iris Franz and thank you soo much btw, for replying 😊
Thank you so much beautiful girl
🇹🇿🤣🤣🤣😌😅
Great video - Thank you!
You’re welcome. Happy learning!
Great Explanation! Thank you
You’re welcome!