Imports, Exports, and Exchange Rates: Crash Course Economics #15
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YouTubeCrashCourse
Imports, Exports, and Exchange Rates: Crash Course Economics #15
What is a trade deficit? Well, it all has to do with imports and exports and, well, trade. This week Jacob and Adriene walk you through the basics of imports, exports, and exchange. So, you remember the specialization and trade thing, right? So, that leads to imports and exports. Economically, in the aggregate, this is usually a good thing ...
2.7M viewsNov 20, 2015
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Here are 5 things that cost way more in than they should in SA right now Number 5 is cars. A R300,000 car gets slapped with R75,000 in import duties alone. Plus 15% VAT. Plus a luxury tax on anything over R250,000. Number 4 is electronics. South Africa ranks 9th most expensive out of 50 countries for phones, laptops, and TVs. Import duties and a weak Rand make everything cost more. Number 3 is textbooks. University textbooks cost R350 to R2,000 each. Only 25% of students can afford to buy what's
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