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the impacts of you know all the
imports and exports and it now
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important to GDP as well you
know the amount of expenses
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effect in terms of global trade
and global trade is so
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that they have whether in
they're in a trade surplus or a
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country produces in a way so
yeah dollar down when currency
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central banks when they affect
interest rates you've got to
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devalues exporters benefit from
cheaper from cheaper goods and
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hope you benefit from this
lesson and I'll see you in the
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understand not only the effect
within the economy but the
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they're more expensive for
foreign nations. Anyways guys I
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higher costs can have a
substantial impact on the
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doing. They love to keep lower
rates. Um especially compared
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I hope this is something really
easy to understand because
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you've got you've got to
appreciate you know when
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trade deficit that's going to
highly impact any GDP that the
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then when the dollar is up
export is enhanced because
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that's when you get higher
inflation and the currency
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An example is Japan that's
something that they keep on
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to the world so they can have
disadvantage over them. Now
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does that mean is that
America's currencies increased
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isn't as devalued as India's
currency of course and so what
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remember this from a few slides
ago we had that we looked at
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devalues. So that's the main
point. Um and then obviously
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interest rates. So it's when
you lower interest rates,
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rates as compared to $15 from
America because the issue is
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exporters from India. What this
leads to is that countries can
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deliberately make their
currency weaker through lower
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that makes export prices
cheaper for customers globally.
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down enough. So if somebody
from Australia wanted to pay
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in value hence why they can't
drive prices as far down as
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does that mean for the country
itself? You got a greater
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competitiveness of exports in
the international trade
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market. So a stronger domestic
currency can have an adverse
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number of people that are being
employed. It stimulates
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has a stronger currency, it can
be harder for it to be
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that America can't devalue its
currency or America's currency
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example $5 for for a product
from India due to the exchange
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for a product, they they would
have to pay let's just say for
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So that's exactly what an
economy wants. And here's just
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an explanation to how some
countries compete in the
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also impact exports by having a
direct impact on input costs
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like the Bloomberg terminal for
example but yeah when it comes
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competitive in the global
market as it can't drive prices
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environment. So what does this
mean? So firstly, if a country
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from a country's factories and
industrial facilities. So what
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consumer spending and it
contributes to economic growth.
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producing
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are more exports, it means that
there is a high level of output
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positive trade is going on in
the country which allows
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investment on business capital
goods. Plus government spending
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effect on exports and the trade
imbalance. Higher inflation can
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effect on your GDP. And just a
you know you won't ever really
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deficit or trade surplus. So
depending on how much you
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imports than a trade deficit on
the other hand is more imports
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So what are the impacts of a
trade surplus? So when there
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such as materials and labour as
list as explained before these
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need to work this out because
it's all done on the data that
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something that manufacturers
always have to consider. Um so
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than exports so the country is
consuming more than it's
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economy to grow and prosper so
that means more exports than
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on goods and services. That's
one part. Then you've got the
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export versus how much you
import that will have a massive
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And of course we know that's
very important you know
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on public goods and services
and then either your trade
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to a trade surplus that mean
it's a positive thing so more
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you see on trade and economics
and Bloomberg and especially
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direct impact on input costs
such as materials and labor.
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what it actually means. So GDP
consists of consumers spending
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cheaper. So remember how we
were talking about when you
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exports. So they're essentially
purchasing more than they are
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devalue your currency you
become more competitive because
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trade deficit means is that
there's more imports than
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exactly what some countries
deliberately do to make their
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yeah. Now just in reference
back to GDP and what actually
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Uh so high inflation can also
impact exports by having a
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exports and makes imports more
expensive. Conversely a strong
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look at since its activity can
influence its GDP, its exchange
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your prices are a lot cheaper
than everyone else. That's
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domestic currency hampers
exports and makes imports
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exports cheaper for the
international economy in a way.
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producing. Also a weaker
domestic currency stimulates
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level imports and a growing
trade deficit can have a
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imports and exports of a
country are very important to
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rate and its level of inflation
and interest rates. A rising
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negative effect on a country's
exchange rate. So what that
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the the breakdown of all the
economies and GDP and
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that's what we're going to be
looking at right now. So the
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everything like that. What
happens when the currency
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devalues how that impacts
imports and exports. Uh so
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going to be looking a bit more
into implications of imports
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and exports. So we previously
mentioned that you know during
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Yes guys, welcome to the next
video. So in this one we're
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next one.
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