Large country tariff basics

[@S0larus]

That's why I love the American manuals and American way of teaching. Everything is put in clear and definite words and definitions. It's really easy to get. Thank you, mr. Moore.

[@momoore1957]

This was an analysis of the domestic impact. If you looked at the world supply and demand itself, there would be a change in the world demand, i.e. at the same world price, less would be demanded, which would lead to excess supply and a falling price.

[@henrichvonstaufenberg4841]

But how do you calculate by how much the world price will fall in order to calculate the new domestic price afterwards....???

[@holmeskapentanagarry491]

Thanks Moore for your clear explanation of graphs and terms used in the video, hope I'll do better in my International Economics test 1 today. God Bless you

[@Artemis9990]

Thank you, thank you, thank you from the bottom of my heart! I owe you my soul and my exam grade :)

[@bosedengoziadeleye4577]

Thanks Mike!!.....Better explained than my Feenstra textbook did!! ......Do you happen to have a video tutorial on 'large country export subsidy'?

[@momoore1957]

I've posted one recently at th-cam.com/video/nBlN3I9wryI/w-d-xo.html

[@yaraaljunaibi9006]

Thanks, that video helped me a lot in International Trade course

[@melanodadalauri4791]

Thank you Mike, its very useful video for me. I guess it is partial equilibrium analysis, right? what about general equilibrium? I could not understand differences. Do you have a video about it?

[@lenkasetkova4780]

Please, what are the 2 squares next to the "I" (one under the "F" and the second one under the "H")?

[@saeedalqahtani4034]

what is answer for this question and why
Which of the following is correct based on a partial equilibrium
model of trade?
Question
options:




1)

A small country always loses by
imposing a tariff






2)

A large country always loses by
imposing a tariff






3)

A large country always gains by imposing
a tariff.






4)

A small country always gains by
imposing a tariff.

[@lajp9]

Hi Mike, thank you for the clear explanation, I just have a question, wouldn't a large country´s domestic price equilibrium be closer or the same to the world price?

[@tomulesa]

Hi Mike,
How do you calculate Q1 and Q2?

[@mitchellwebb]

Should there also be a supply curve for the rest of the world which shifts after the tariff is introduced?

[@reuti4135]

Can you give an explanation on factor intensity reversal?

[@glebbuk]

Thanks a lot. It was very useful for me!

[@Visionerica]

Thanks your lecture is great!

[@sgteamx]

Thanks mike! Could you explain how you got the area of surplus though? The consumer surplus area doesn't seem intuitive

[@jackdelorenzo8708]

great video, thanks

[@abirsarkar7075]

Some questions 1) how to derive the formula for optimum tariff. 2) the effective rate of protection is expected to decrease under globalization-explain. 3) the effect of barriers to Trade is to validate the presumption that an international transfer worsens the donor's term s of Trade - explain.

[@mohtoadh]

But why is a large country's tariff different from that of a small country?

[@geniustb206]

Simply because large country's tariff can affect the world price but the small's country tariff cannot affect the world price (they're the price takers)

[@henrichvonstaufenberg4841]

But you didn’t say how to calculate by how much the world price will fall in order to calculate the new domestic price afterwards......

[@invince01]

Howcome when a large country imposes a tariff, the worldprice decreases. What's the logic here. If the global consumer base decreases, wouldn't the price go up?

[@momoore1957]

If demand decreases, price go down.

[@Wada19]

thanks

[@sangz-mz4wo]

sensational

[@tybrown4564]

nice

[@angelasun6522]

hi