your video is still helping me after 10 years. thank you
@PrimeAliProductions9 жыл бұрын
You honestly just saved my life.
@Moralisful8 жыл бұрын
Thanks a lot - very helpful! Our professor tried to explain this without using a diagram in the context of the WTO allowing RTAs, assuming they lead to trade creation or diversion, respectively. Darn it, she could have just shown us this video instead of torturing us for one hour with her "Let met explain this in just a few simple words...".
@MariaStancheva1711 жыл бұрын
I finally understood the diversion! Spent so much time trying to get it from my Economics book. Thank you Steve!
@kuyeomotayo1202 жыл бұрын
Thanks you 🙋
@bosedengoziadeleye457710 жыл бұрын
Simply brilliant Steve.....simply brilliant!!!. You teach with so much simplicity!!! Thank you and please keep the tutorials coming!! I hope you do something on the 'median voter' and 'Protection for Sale'....
@Sbebbe11 жыл бұрын
Thanks a lot Steve, clear as crystal. You've really helped me out with this.
@19953sam11 жыл бұрын
This is great. Didn't really understand Trade Diversion prior to watching this, thanks :D
@AliyaAly10 жыл бұрын
Thanks for sharing. Really helpful.
@KasunWeer9 жыл бұрын
Good job! #InternationalEconomics
@suajuteunewme61837 жыл бұрын
nce explanation....thank u for the video👍
@girlstalkswithpari61064 жыл бұрын
From India, helpful for mee
@easyacademy81102 жыл бұрын
Thanks a lot
@milkywashed9 жыл бұрын
Thank you! Very good explanation!
@Timmywake19 жыл бұрын
great stuff steve, thanks a lot
@elmoonstuff7 жыл бұрын
Excellent, thank you!
@lovemisspark11 жыл бұрын
amazing explanations! Steve you're great :D
@7u7u9410 жыл бұрын
from bahrain .. thank you so much ♥
@Emmanuel-wp2md8 жыл бұрын
this was helpful. thanx a lot
@nikitadas96712 жыл бұрын
thanks for this!
@bleude10 жыл бұрын
Thanx a lot! Your videos save me lol
@celinephan24667 жыл бұрын
well explained! thanks a lot!
@ilkahillen27885 жыл бұрын
What I don´t understand is, why (in the example of trade diverson) is the revenue loss of the goverment surface c+ e and not just c? Is it because we are just looking at the supply curves of New Zealand? Still thanks for the video, helped me a lot!
@maxinerodel11 жыл бұрын
This is great! Thank you so much! Help me with my exams!! :D
@MyMrwrestling8 жыл бұрын
at 6.29 it should be a loss in consumer surplus, b/c we now import from france at the higher price. price goes up for consumers.
@kwikstro8 жыл бұрын
+haidar101 France with no tariffs is still lower than the previous of NZ + Tariff, which was the previous lowest price. In other words, the basic price of the sheep is higher in France, but the tariff on NZ sheep pushes the NZ price above France. So it should still be a gain in consumer surplus, I'm fairly sure.
@Kraquerman10 жыл бұрын
good vid eo
@dcwanaguru11 жыл бұрын
Thanks steve
@yunsuuu6 жыл бұрын
Thank you so so much
@ashoklakkireddy44456 жыл бұрын
Thanks sir
@TheCharliee958 жыл бұрын
Not clear the effects of trade creation
@ruhaangupta61597 жыл бұрын
thanks!
@alokpandey46869 жыл бұрын
thanks steve ... exam after an hour
@PJJBOSSMUSIC7 жыл бұрын
HOW TO CALCULATE THESE USING EXCEL ? ANYONE HELPPPPP