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Curated Video
Canada’s inflation is still climbing, but more slowly
Canada's inflation rate slowed to 4.3 per cent in March, largely due to the cost of gas and a slowdown in climbing food prices. But as inflation starts to move toward a more manageable level, other factors are feeding economic uncertainty.
Khan Academy
Currency Effect on Trade
Delve deeper into currency exchange theory using Sal's hypothetical global trade scenario involving the Chinese Yuan and the US dollar. He references goods manufactured and sold in the countries using supply and demand principles,...
Khan Academy
Currency Effect on Trade Review
Sal reviews the hypothetical global trade scenario from the last video in detail for about the first six minutes, changing a few numbers to make for a cleaner example. He continues the scenario to demonstrate how the natural ups and...
Khan Academy
Khan Academy: Changing Equilibria From Trade
Autarky describes a situation when countries are completely closed to trade. In this video [6:24], we explore what happens to the domestic price of a good, consumer surplus, and producer surplus, when an autarkic country opens to trade.