Week 4_6 Trade in Practice

Get to know Basic Concepts:

-- “Prices changes” on the domestic market change the relative price of imports and exports.

“Price increase” on domestic market leads to imports.

“Price decrease” could lead to exports.

Question:

Today, Mr. Henk Jager is going to analyze the Nepal’s imports of food grains and how it influences the GDP of the country.

Discuss with fellow students in Discussion Forum.

Watch the Video:
Play media comment.