Tariffs and Protectionism
- Title:
- Tariffs and Protectionism
- Description:
-
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We’ll look at the costs and consequences of tariffs, quotas, and protectionism. How do tariffs affect consumers? What about producers? Who wins and who loses? Find out with this video.
We’ll apply the fundamentals we learned in the supply, demand, and equilibrium section of this course to real-world examples — like that of protectionism in the U.S. sugar industry — to determine lost gains from trade or deadweight loss, the tariff equilibrium vs. the free trade equilibrium, and the value of wasted resources as a result of tariffs.
Microeconomics Course: http://mruniversity.com/courses/principles-economics-microeconomicsAsk a question about the video: http://mruniversity.com/courses/principles-economics-microeconomics/tariffs-quotas-protectionism-definition#QandA
Next video: http://mruniversity.com/courses/principles-economics-microeconomics/arguments-against-trade
- Video Language:
- English
- Team:
- Marginal Revolution University
- Project:
- Micro
- Duration:
- 14:51
Juan Marinho edited Portuguese, Brazilian subtitles for Tariffs and Protectionism | ||
Juan Marinho edited Portuguese, Brazilian subtitles for Tariffs and Protectionism | ||
loki_csa edited Hungarian subtitles for Tariffs and Protectionism | ||
loki_csa edited Hungarian subtitles for Tariffs and Protectionism | ||
Peter Balla edited Hungarian subtitles for Tariffs and Protectionism | ||
Peter Balla edited Hungarian subtitles for Tariffs and Protectionism | ||
Peter Balla edited Hungarian subtitles for Tariffs and Protectionism | ||
Peter Balla edited Hungarian subtitles for Tariffs and Protectionism |