Crash Course Economics - Season 1 Episode 15 Imports, Exports, and Exchange Rates
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What is a trade deficit? Well, it all has to do with imports and exports and, well, trade. This week Jacob and Adriene walk you through the basics of imports, exports, and exchange. So, you remember the specialization and trade thing, right? So, that leads to imports and exports. Economically, in the aggregate, this is usually a good thing. Globalization and free trade do tend to increase overall wealth. But not everybody wins.
Studio: YouTube
First Air Date: Jul 08, 2015
Last Air date: Jun 09, 2016
Episode: 35 Episode
Season: 1 Season
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