Global Trade, Protectionism and Exchange Rates | Livestream | Aiming for A-A* Economics 2024

Join Geoff live for this fast-paced and detailed look at key aspects of Global Trade, Protectionism and Exchange Rates. Suitable for all exam boards: AQA, Edexcel eduqas and OCR

VIDEO CHAPTERS
00:00 Introduction
04:20 MCQ revision
08:36 Trade patterns - name the country
14:42 Difference between a free trade area & a customs union
17:21 Examples of non-tariff barriers
20:16 Economic justification for import protectionism
23:30 Arguments against import protectionism
26:10 Game theory and protectionism
30:39 Case study: Egypt

#aleveleconomics #tutor2ueconomics #alevels2024

[tutoru-official]

Here are the links to the amazing free Knowledge Organiser Packs for A-Level Economics:

[nzemzdsusus]

@tutor2u Why would Egypt not be able to afford a floating ER? Surely it’s cheaper as don’t need to hold foreign exchange reserves like in a fixed ER?

[jasmineluget]

Where would be considered the nash equilibrium and dominant strategy on the protectionism pay-off matrix?

[Parth-rqse]

Development economics would be good too since its a big topic.

[sammonteith]

Financial markets please for next week 🙏

[semiferrao]

produce locally or import. nash equilibrium there.