Terms of Trade Analysis

Terms of Trade Analysis - An analysis of how to interpret improvements and deteriorations in the terms of trade

[@Toldandretold]

You're a legend mate. I'm not a student of economics, but have been struggling to understand this for some history I'm doing. This has rescued me from months of uncertainty. Can't thank you enough.

[@anuyadav1758]

I know right

[@EconplusDal]

Regarding the equations, the one used in this video is fine even though slightly different to the more technically correct equation used in the previous video

[@dhruvsingh97]

+EconplusDal you the man, I hope KZbin pays alot on the ad revenues.

[@ssayuriss]

I wish my university had a teacher like youuuuuuuuuuuuuuuuuuu

[@leeroy3573]

Thanks so much for this whole playlist. Has helped so much

[@rohanbhalla3895]

Great videos

[@tyrantgod7680]

Nice explanation ; it is quite understandable !

[@Yuming9815]

Good points about the change of value of export. But how about the change of value of an import. So I think whether the combined elasticity of PED of X and M greater than one should be more precise to the determination of the benefit to an economy. Because the combined elasticity affects the net export which plays a substantial part in the improvement of the current account and the growth of GDP.

[@zar3156]

Do we need to know Terms of Trade for Econ4 AQA? Is it in the spec? Thank you!

[@muhammadhilal5807]

Can we include in that last point regarding technology that a country can gain absolute or comparative advantages?

[@Zaza-vc5th]

Isnt that just a productivity point that was mentioned in the video?

[@Alexander-william01]

the equation in both videos 47/48 are different are both ok to use in the exam?

[@olicooool123]

The first one is the best , but they are nearly equivalent

[@MAKadir-oy8dm]

is it the welfare effect of change in terms of trade

[@lolalexi6497]

youre too good are you real

[@abdulrahmanawan5660]

free ma boi jama

[@abdullahalkabra2002]

God bless you

[@alexlatto6452]

x axis

[@aryanngupta]

For these international primary product markets does it not make more sense to use perfect competition, as one small developing country's oil output will not have an impact on oil prices?

[@jordanbolling2931]

Vikkstar's brother