{"page":"\n\n
\n
\n
\n
\n
\n\nVideo\n
\n

\nComparative Advantage and Trade - Macro Topic 1.3 (Micro Topic 1.4)\n

\n
\n
\nGet Free Access for 10 Days!\n
\n
\n
\n
\n
\n
×
\n\n\n
\n\nPublisher:\n\nACDC Leadership\n\n\n
\n
\nThis topic is somehow ridiculously simple and ridiculously complex. The simple part is understanding that trade is mutually beneficial. The complex part is calculating per unit opportunity cost and determining how individuals, business,...\nThis topic is somehow ridiculously simple and ridiculously complex. The simple part is understanding that trade is mutually beneficial. The complex part is calculating per unit opportunity cost and determining how individuals, business, or countries should specialize trade. Make sure to practice, practice, practice.\n
\n
\n\n
\n
\n
\n
\n

Resource Details

\n
\n
\n
\n
Curator Rating
\n
\n
\n
\n
\n
\n
Educator Rating
Not yet Rated
\n
\n
\n
\n
\n
Media Length
\n
8:24
\n
\n
\n
\n
\n
Grade
12th - Higher Ed
\n
\n
\n
\n
\n
Subjects
Social Studies & History
1 more...
\n
\n
\n
\n
\n
Media Type
Instructional Videos
\n
\n
\n
\n
\n
Source:
\n
\nACDC Leadership\n\n
\n
\n
\n
\n
\n
Date
\n
2019
\n
\n
\n
\n
\n\n
Language
English
\n
\n
\n
\n
\n
Audiences
For Teacher Use
2 more...
\n
\n
\n
\n
\n
Usage Permissions
Fine Print: Educational Use
\n
\n
\n
\n
\n
\n

Additional Materials

\n
\n\nSign in or Join Now
\" data-title=\"Get Full Access\" data-container=\"body\" rel=\"popover\" tabindex=\"0\" href=\"/subscription/new\">Video Transcript\n
\n
\n\nSign in or Join Now
\" data-title=\"Get Full Access\" data-container=\"body\" rel=\"popover\" tabindex=\"0\" href=\"/subscription/new\">Video Preview\n
\n
\n
\n

Concepts

\n
\n
trade, comparative advantage, opportunity cost, squares, terms, countries, planes, cars, time, money, economics
\n
\n\n\n
\n
\n
\n
\n

Additional Tags

\n
\n
terms of trade, practice, econ, comparative advatange, absolute advantage, #comparativeadvantage, #economics, input question, econ class, jacob land, output questions, left hand, plane costs, called terms, hand, make, house, producing, number, goods, plane, good, traded, benefit, 10 cars, gave
\n
\n\n\n
\n
\n
\n
\n

Classroom Considerations

\n
Best For: Explaining a topic
Video is ad-free
\n
\n
\n

Educator Ratings

\n
\n
\n
\n
\n
\n\nShow resource details\n
\n
\n\" data-title=\"Get Full Access\" data-container=\"body\" rel=\"popover\" tabindex=\"0\" aria-label=\"Play video: Comparative Advantage and Trade - Macro Topic 1.3 (Micro Topic 1.4)\" href=\"/subscription/new\">\"Comparative\n\n
\n
\n
\n\n\n\n"}