When you said, 'Come on, Mexico!' I thought it was very funny and 'silly', but it made me remember it very easily. So ... who cares silly or not? Thank you very much :)
Here is a 10 step guide to pass the Level I exam: ift.freshdesk.com/support/solutions/articles/13000038848-the-ift-10-step-strategy-to-pass-the-level-i-cfa-exam
A GOOD example of a common market is Caricom which stands for Caribbean Community and is as named an agreement between 15 Caribbean countries. There are both members states and associates.
Hi, in the last video, you stated that, its the exporter who can capture the quota rent (profit) by raising the price (if the license fee is not imposed by the gov). But @ 7:54 for question 5, you're saying its the importer who can capture it. How can an importer capture this? I'm slightly confused. Thanks.
6:30 Curriculum Ex 5 (Part 2) -->> If Thailand imposes tariff, there is no impact on global price since it is a small country. Please clarify, what would be the case if Thailand (Importer) would have been a big country. What would be the Impact on exporting country's prices? I was not able to understand this point in previous videos as well. Kindly explain. Thank you.
If Thailand is a big country, the terms of trade will get impacted. From Rest of world perspective, the export prices will drop. From Thailand, the import prices will reduce and terms of trade will increase and it's good for Thailand.
Sir I want to understand basic concepts of economics, taxes, business, import, export and other basic terminology regarding economics. Suggest me any book and guide. I'm not student of economics.
I have a doubt in curriculum example 5. 5th sub-question. Arif says Tariff hurts importer. But at the same time he earlier mentioned that producer surplus goes up. How can both occur at the same time.
Producer surplus of local producers goes up. IFT Support Team Here is a 10 step guide to pass the Level I exam: ift.freshdesk.com/support/solutions/articles/13000038848-the-ift-10-step-strategy-to-pass-the-level-i-cfa-exam
When you said, 'Come on, Mexico!' I thought it was very funny and 'silly', but it made me remember it very easily. So ... who cares silly or not? Thank you very much :)
Thanks for your feedback.
IFT Support Team
How should I revise before the Level I exam? IFT High Yield Course is the best way! Read more here:
ift.world/product/high-yield-course-2021/
Here is a 10 step guide to pass the Level I exam: ift.freshdesk.com/support/solutions/articles/13000038848-the-ift-10-step-strategy-to-pass-the-level-i-cfa-exam
A GOOD example of a common market is Caricom which stands for Caribbean Community and is as named an agreement between 15 Caribbean countries. There are both members states and associates.
Hi, in the last video, you stated that, its the exporter who can capture the quota rent (profit) by raising the price (if the license fee is not imposed by the gov). But @ 7:54 for question 5, you're saying its the importer who can capture it. How can an importer capture this? I'm slightly confused. Thanks.
+1
Same confusion it must be exporter and the importer won't be affected if it's tariff or quota both will be reducing the import quantity
6:30 Curriculum Ex 5 (Part 2) -->> If Thailand imposes tariff, there is no impact on global price since it is a small country. Please clarify, what would be the case if Thailand (Importer) would have been a big country. What would be the Impact on exporting country's prices? I was not able to understand this point in previous videos as well. Kindly explain. Thank you.
If Thailand is a big country, the terms of trade will get impacted. From Rest of world perspective, the export prices will drop. From Thailand, the import prices will reduce and terms of trade will increase and it's good for Thailand.
Thanks! @IFT
You are welcome.
IFT Support Team
COME ON MEXICO
Sir I want to understand basic concepts of economics, taxes, business, import, export and other basic terminology regarding economics. Suggest me any book and guide. I'm not student of economics.
You can google it out or you can refer to Investopedia for simple meaning and understanding.
IFT Support Team
I have a doubt in curriculum example 5. 5th sub-question. Arif says Tariff hurts importer. But at the same time he earlier mentioned that producer surplus goes up. How can both occur at the same time.
Producer surplus of local producers goes up.
IFT Support Team
Here is a 10 step guide to pass the Level I exam: ift.freshdesk.com/support/solutions/articles/13000038848-the-ift-10-step-strategy-to-pass-the-level-i-cfa-exam