Principles of Macroeconomics: Lecture 38 - International Economics
Economy | Information | History | Online | Facts | World | Global | Money
This course prepares the student to understand the economic structure of the United States and its place in the world economy, to interpret common economic measures, to understand the processes of governmental fiscal and monetary policies, and to evaluate individual decision-making from an economic perspective. Learn more about Missouri State iCourses at http://outreach.missouristate.edu/icourses.htm
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Recognizing this is a basic lecture, the description of how trade affects the people in a given country must account for the fact that over one-half of all goods produced (and a high level of services provided) are provided by multinational corporations. Production may occur anywhere around the globe. To minimize tax obligations, multinational companies are expert at creative accounting that shifts revenue to where taxes are the lowest and expenses to where taxes are the highest.
Another important global trend is the foreign ownership of land and natural resources, and the holding of government issued licenses in many countries (e.g., ownership of the broadcast spectrum) that yield rents (essentially unearned income flows based on limited competition and other quasi-monopolistic privileges and subsidies extended by governments). -
Liars, They Have "Foreigners" Working IN THAT Nation?!!? You Are NOT Trading Than?!
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That Would Work if the "NATIONS" Were HOMOGENEOUS!
Why ARE YOU Calling Them Nations, When They ARE NOT Representing Those PEOPLE EVEN!?!?
Go Look UP A NATION Definition!
Stupid Idiots, Think We ARE IDIOTS OR Something?!! -
....thats cuz he discussed it in previous lectures....
55m 35sLenght
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