https://padlet.com/evgenii_gvozdev/ko48c3m2pbi7vrl3 Mr.E's IGCSE Economics en-us 2021-05-13 17:26:51 UTC 2023-04-16 01:33:27 UTC hello@padlet.com https://padlet.net/icons/png/1f5fa.png evgenii_gvozdev https://padlet.com/evgenii_gvozdev/ko48c3m2pbi7vrl3/wish/1523367657 2021-05-14 02:05:43 UTC https://padlet.com/evgenii_gvozdev/ko48c3m2pbi7vrl3/wish/1523367657 evgenii_gvozdev https://padlet.com/evgenii_gvozdev/ko48c3m2pbi7vrl3/wish/1523372865 2021-05-14 02:07:55 UTC https://padlet.com/evgenii_gvozdev/ko48c3m2pbi7vrl3/wish/1523372865 evgenii_gvozdev https://padlet.com/evgenii_gvozdev/ko48c3m2pbi7vrl3/wish/1523374036 2021-05-14 02:08:23 UTC https://padlet.com/evgenii_gvozdev/ko48c3m2pbi7vrl3/wish/1523374036 evgenii_gvozdev https://padlet.com/evgenii_gvozdev/ko48c3m2pbi7vrl3/wish/1523375627 2021-05-14 02:09:00 UTC https://padlet.com/evgenii_gvozdev/ko48c3m2pbi7vrl3/wish/1523375627 evgenii_gvozdev https://padlet.com/evgenii_gvozdev/ko48c3m2pbi7vrl3/wish/1523379652 2021-05-14 02:10:36 UTC https://padlet.com/evgenii_gvozdev/ko48c3m2pbi7vrl3/wish/1523379652 evgenii_gvozdev https://padlet.com/evgenii_gvozdev/ko48c3m2pbi7vrl3/wish/1523380975 2021-05-14 02:11:07 UTC https://padlet.com/evgenii_gvozdev/ko48c3m2pbi7vrl3/wish/1523380975 evgenii_gvozdev https://padlet.com/evgenii_gvozdev/ko48c3m2pbi7vrl3/wish/1523384475 1. Read the textbook chapter on 'Protectionism'. 
2. Design a protest sign (instructions in the attached slide).]]> 2021-05-14 02:12:29 UTC https://padlet.com/evgenii_gvozdev/ko48c3m2pbi7vrl3/wish/1523384475 evgenii_gvozdev https://padlet.com/evgenii_gvozdev/ko48c3m2pbi7vrl3/wish/1523705599 2021-05-14 04:58:10 UTC https://padlet.com/evgenii_gvozdev/ko48c3m2pbi7vrl3/wish/1523705599 https://padlet.com/evgenii_gvozdev/ko48c3m2pbi7vrl3/wish/1523739529 wider choices of goods and services for consumers
domestic firms can get more efficiency because of more competitions.
For producers free trade can let them get low cost of production to let firm 's product have more competitive in market ]]> 2021-05-14 05:19:30 UTC https://padlet.com/evgenii_gvozdev/ko48c3m2pbi7vrl3/wish/1523739529 https://padlet.com/evgenii_gvozdev/ko48c3m2pbi7vrl3/wish/1523741880 better balance of payments since more exports could create more money inflow]]> 2021-05-14 05:21:04 UTC https://padlet.com/evgenii_gvozdev/ko48c3m2pbi7vrl3/wish/1523741880 https://padlet.com/evgenii_gvozdev/ko48c3m2pbi7vrl3/wish/1523742050 more efficient and more competitions, because firms need to reduce their average cost and improve the quality of their products]]> 2021-05-14 05:21:12 UTC https://padlet.com/evgenii_gvozdev/ko48c3m2pbi7vrl3/wish/1523742050 https://padlet.com/evgenii_gvozdev/ko48c3m2pbi7vrl3/wish/1523742885 Improve current account position]]> 2021-05-14 05:21:44 UTC https://padlet.com/evgenii_gvozdev/ko48c3m2pbi7vrl3/wish/1523742885 https://padlet.com/evgenii_gvozdev/ko48c3m2pbi7vrl3/wish/1523743248 increase export ，increase competation，trade in an engine of growth，reducing tariff barrier，lower average cost，]]> 2021-05-14 05:21:57 UTC https://padlet.com/evgenii_gvozdev/ko48c3m2pbi7vrl3/wish/1523743248 https://padlet.com/evgenii_gvozdev/ko48c3m2pbi7vrl3/wish/1523748813 Creates more business and employment opportunities]]> 2021-05-14 05:25:46 UTC https://padlet.com/evgenii_gvozdev/ko48c3m2pbi7vrl3/wish/1523748813 https://padlet.com/evgenii_gvozdev/ko48c3m2pbi7vrl3/wish/1523750244 Lower cost of production for MNC's if resources are cheaper in another country]]> 2021-05-14 05:26:49 UTC https://padlet.com/evgenii_gvozdev/ko48c3m2pbi7vrl3/wish/1523750244 https://padlet.com/evgenii_gvozdev/ko48c3m2pbi7vrl3/wish/1523752892 More efficient allocation of resources]]> 2021-05-14 05:28:43 UTC https://padlet.com/evgenii_gvozdev/ko48c3m2pbi7vrl3/wish/1523752892 https://padlet.com/evgenii_gvozdev/ko48c3m2pbi7vrl3/wish/1523768027   Meaning:A type of tax on the imports from other countries
  Reasons:
  1.One way of protecting domestic goods
  2.Retaliation against the tariff from other countries
  Benefits:
   1.A way of protecting domestic goods and services 
2.Improving balance of payments since more exports will cause more money inflow and lead surplus in balance of payments.

]]> 2021-05-14 05:39:46 UTC https://padlet.com/evgenii_gvozdev/ko48c3m2pbi7vrl3/wish/1523768027 https://padlet.com/evgenii_gvozdev/ko48c3m2pbi7vrl3/wish/1523769515 a strict export monitoring regime ]]> 2021-05-14 05:40:55 UTC https://padlet.com/evgenii_gvozdev/ko48c3m2pbi7vrl3/wish/1523769515 https://padlet.com/evgenii_gvozdev/ko48c3m2pbi7vrl3/wish/1523771188 Meaning: Subsidies are the money give to the producers to help them get a lower cost of production 
Reason: The domestic firms may beat by foreign firms .subsidies can let domestic firms get a lower cost of  production and have increase their competitiveness.]]> 2021-05-14 05:42:12 UTC https://padlet.com/evgenii_gvozdev/ko48c3m2pbi7vrl3/wish/1523771188 https://padlet.com/evgenii_gvozdev/ko48c3m2pbi7vrl3/wish/1523771452 A complete ban on the import of a product]]> 2021-05-14 05:42:24 UTC https://padlet.com/evgenii_gvozdev/ko48c3m2pbi7vrl3/wish/1523771452 https://padlet.com/evgenii_gvozdev/ko48c3m2pbi7vrl3/wish/1523773634 This reduces the competitions from imported products]]> 2021-05-14 05:44:01 UTC https://padlet.com/evgenii_gvozdev/ko48c3m2pbi7vrl3/wish/1523773634 https://padlet.com/evgenii_gvozdev/ko48c3m2pbi7vrl3/wish/1523774000 embargo is a complete ban on the import of a product.]]> 2021-05-14 05:44:19 UTC https://padlet.com/evgenii_gvozdev/ko48c3m2pbi7vrl3/wish/1523774000 https://padlet.com/evgenii_gvozdev/ko48c3m2pbi7vrl3/wish/1523774809 Help domestic market

]]> 2021-05-14 05:44:52 UTC https://padlet.com/evgenii_gvozdev/ko48c3m2pbi7vrl3/wish/1523774809 https://padlet.com/evgenii_gvozdev/ko48c3m2pbi7vrl3/wish/1523775891 an official ban on trade or other commercial activity with a particular country.]]> 2021-05-14 05:45:33 UTC https://padlet.com/evgenii_gvozdev/ko48c3m2pbi7vrl3/wish/1523775891 https://padlet.com/evgenii_gvozdev/ko48c3m2pbi7vrl3/wish/1523783895 Create job opportunity
Help domestic companies

]]> 2021-05-14 05:51:10 UTC https://padlet.com/evgenii_gvozdev/ko48c3m2pbi7vrl3/wish/1523783895