Import Quota - Trade Protectionism

No video

Import Quota - Trade Protectionism

Рет қаралды 207,640

EconplusDal

9 жыл бұрын

Import Quota (Protectionism) - The impact of an import quota on the market

Пікірлер: 71

@lukebo4693 7 жыл бұрын

These videos are easy to follow, very logical and highly appreciated by IB students! Keep it up man, really awesome work!

@SRN-L 7 жыл бұрын

agreed!! (i love his british accent lol)

@sirjonestotherescue 5 жыл бұрын

IB students....bro go fuck yahself

@thenurispunk 5 жыл бұрын

@@sirjonestotherescue LOL agreed

@lucatorricelli6766 4 жыл бұрын

@@sirjonestotherescue poor jealous boy

@sirjonestotherescue 4 жыл бұрын

@@lucatorricelli6766 jealous of what? i go to nyu lol

@caterina1523 4 жыл бұрын

i have a test on international econ and you taught me everything in less than 30 mins

@ItsLeonel 3 жыл бұрын

Exam in 13 hours

@abdullahabbasi2387 2 жыл бұрын

@@ItsLeonel Exam in 35.5 hours

@DJTejasMusic28 2 жыл бұрын

Exam in 4 hours.

@DJTejasMusic28 2 жыл бұрын

Update: Got a 7 :)

@tanzetee 2 жыл бұрын

exam in 24 hours

@zoeli4462 8 жыл бұрын

I can't thank you enough for these!

@geetatiwari5781 5 жыл бұрын

You are a gem!! Thanks for your services. :)

@kyu9859 5 жыл бұрын

How could price increase shift the whole supply curve? can price increase meaning the willingness and ability of producers to produce particular product increase? I thought the price incentivizes them to produce more with higher price and increasing the resource allocation, thus with the quantity supplied not the whole supply curve

@tamratmihret7307 4 жыл бұрын

Hi your videos are super helpful and free. Thank you for explaining IB econ in such very good way.

@oshinpearlwilliamson3189 3 жыл бұрын

You give Ross vibes from friends 🙄, and I don't know why I'm commenting this!

@catherinecocuo483 Жыл бұрын

😂gee!!!! you made my day ,,, so stressed from preparing for exams ,,

@monazhu1515 4 жыл бұрын

why connecting the two points together? Sometimes the new supply curve won’t be parallel to the previous supply curve. So the new supply curve just should start from the new price and then parallel to the previous supply. Thanks for the video anyway, very easy to understand!

@catherinecocuo483 Жыл бұрын

😢， yeah , I didn’t get the “ shifted parallel supply curve ‘either !!!! Can you illustrate more ? 😢 I understand the excess demand could drive the price to increase, to a point . But how should this increased price lead to the supply curve shift right 😢? As I learned from the previous chapter , price change only lead to the ‘movement ‘ not’shift’ , supply curve shift is only when cost of production decrease , productivity, technology change . 😂

@veraz4901 6 ай бұрын

@@catherinecocuo483 same. price changes should only lead to a movement along the curve, i guess ....

@Ham-th7vb 6 жыл бұрын

your videos are amazing. I am so thankful for your teaching!

@fionazhu92 7 жыл бұрын

I will have an Economics presentation tomorrow. Thanks a lot!

@divyamgupta44 4 жыл бұрын

absolute legend

@deepagaichari9546 4 жыл бұрын

Thank you sir for your information .👍👍👍👍

@jessicalv6442 3 жыл бұрын

Much much better than my teacher!!! Thanks

@leeroy3573 9 жыл бұрын

What would happen if the quota was placed between the initial equilibrium and Q2. If it was much further to the right (maybe just a high quota) would that change much or just reduce the amount of surpluses lost?

@stephanielam3695 6 жыл бұрын

This is so helpful! Thank you very much!

@babes11ism 7 жыл бұрын

what is the difference between the inside tariff quota rate (ITQR) and Outside Tariff Quota Rate (OTQR)? Can you help me plssss

@DJTejasMusic28 2 жыл бұрын

I love your videos. Thank you so much

@hulkbuster1625 7 жыл бұрын

Great video!

@madboy2191 7 ай бұрын

amazing video thank you so much

@jupplies 9 ай бұрын

i love you thank you for saving my econs

@PtolemyXIII732 7 жыл бұрын

How can a change in price cause a shift in supply as you suggest ?

@WhoTFIsIrre 7 жыл бұрын

The new increase in price of world supply to Pw + Quota incentivises domestic producers to enter the market and thus supply at quantity Q4. In other words, domestic producers are more willing to supply at higher prices - link to price mechanism.

@Michelle-tf7xc 7 жыл бұрын

Rufus Pierce Jones I havw the same question

@3987mex 7 жыл бұрын

hi thanks for your videos, I have IB exam tomorrow :(

@miamihussain1665 7 жыл бұрын

how was the exam? i ran out of bloody time :///////////////

@hulkbuster1625 7 жыл бұрын

how was it

@hulkbuster1625 7 жыл бұрын

what concepts were on it?

@miamihussain1665 7 жыл бұрын

For paper 1 (SL) the micro section had income elasticities and its effects or something idk. and the other question in micro was about market failure. (sorry i don't remember the part b sections to the micro questions but probably it would've been along the lines of "evaulate/discuss effects..." For macro, the first question was "describe how an increase in interest rates affects consumerism and investment in an economy. and the part b to that question was evaluating monetary policy. the second question you could choose from in my macro regarded economic growth and increasing actual output and evaluating whether on not if economic growth is always a good thing.

@miamihussain1665 7 жыл бұрын

The exam wasn't hard. If you knew your stuff you'd be well on your way to a seven. The only bloooodddddyyy problem is time management. If you havent done ur finals yet i suggest you really stick to the 45 mins per each section. If you spend more time in one section you're going to stuff up the other section its an absolute given.

@kishanshah9887 5 жыл бұрын

u da best

@blue-ou6uf Жыл бұрын

so essentially: quota is set by govt to protect producers. imports fall to Q1 to Q3. there is a shortage, because of persisting demand. price increases (for domestic and world price) to world price + quota suppliers motivated to produce and supply more, domestic supply shift to the right.