Protectionist Quotas

Quotas offer policymakers looking to protect domestic industries from foreign competition another tool to keep imports out. This lesson provides a graphical analysis of the impact of a protectionist quota and evaluates its effect on domestic and foreign stakeholders.

[ivorpeanut]

WOW. This video was amazing; comprehensive, simple and straigh to the point. The world needs more people like you! Thank you!

[prinsphil]

Amazing video. i understood the concept within 15 min. my classes cover the same in 60 min. please continue making these :D

[divisharstg]

Honestly, the best analysis video on the subject. Thank you so much.

[niharikasaini]

omg ..you have made economics so easy and interesting ..please continue making more such videos ..

[gregtheflyingwhale]

I am a bit late, but Is it possible to visualize an embargo? A complete ban of imports would result in supply shift to where Sw crosses Dk? But I am not sure, since Qdk will not move along the demand curve at all.

[cirianar]

Why does supply shift rightwards? After all in microeconomics we learned that supply is ONLY shifted by 5 factors and is not dependent on quantity demanded. Why doesnt the price just adjust to the domestic equilibrium price like what happens in a microeconomic shortage?

[kaustav]

This video really helped me out a lot to just go over all the topics as I have an exam tomorrow, thank you so much! A question about the impact on government - can't the govt sell quota licenses to producers to earn some revenue?

[Victor-mxvs]

9:03 is wrong. Foreign producers still take Pw instead of Pq

[goknil]

thank you sm, this Video made it Very clear.

[duytran-hgcl]

still useful for me now, keep doing this great job

[creamofthecrop]

amazing video! first one i found that actually helped

[tulinhvuong]

why my book does not write like that?...

[Adel-qocn]

Watched this video literally around 10 times. Still don't get how imports are then sold at a higher price...

[tdofeldt]

9:03 isnt this incorrect because the import price should remain at Pw? Only the domestic price increases

[courage]

I believe there is an error here, producers would produce 0 to Qq after Quota is introduced, imports would be made up of Qq to Qe1, and loss in consumption would be Qe1 to Qdk.
I'm not sure if I am right or not, but multiple text books contradict this video, I spent hours trying figure out what was going on ^^

[Rue_IDK]

thank you you made it very easy for me to understand

[markkoo]

A high quality of video you made. Thank you very much. I was wondering what screening program and the sketchboard software you used to create the video?

[plizzy]

I finally get it🗿 thank fuck I can finally move on

[SRN-L]

applesss
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[nazalsakkaf]

you are talking too fast , thank u btw