Tag: trade

Free Trade vs. Protectionism

Free trade is simply a policy of trading treating foreign goods and services no differently than domestic goods and services are treated. Free trade is a policy of allowing domestic consumers to buy from abroad just as freely as they can buy at home. Protectionism is a policy of discriminating against foreign goods and services,. …

Why are Japan and Korea in a trade war? | CNBC Explains

There’s a brewing trade war brewing between two major economies that could further slow global growth and could potentially even make the price of your smartphones go up. But this is not the one you’re thinking of. This one is between Japan and Korea. Japan and South Korea are Asia’s biggest economies after China and …

Trump’s Trade War Threat to China

Trump Threatens China on trade China’s mysterious discovery on the moon And a CIA agent found in Hong Kong That and more on this week’s China news headlines. This is China Uncensored. I’m Chris Chappell. We’ve entered a new phase in the US-China Trade War. On September 1, the first in a new round of …

Specialization and Trade: Crash Course Economics #2

Specialization and Trade: Crash Course Economics #2

Adriene Hill: Hi I’m Adriene Hill. Mr. Clifford: And I’m Mr. Clifford. Welcome to Crash Course Economics. Adriene: Here at Crash Course, we recognize that difficult subjects are sometimes fraught with truly unintelligible vocabulary that’s difficult for us regular people to understand. Mr. Clifford: But it doesn’t have to be that complicated. Remember, economics is …