Posts Tagged ‘exports’

  • everyday economics free trade TPP

    B(T)FF… Best Trading Friends Forever

    Feb 27, 14 • 710 Views • No Comments

    We can say that Mexico believes her top trading partner is the United States because the value of her exports to the US (2013: $370,826,831) added to the value of her imports from the US (2013: $370,746,056) is exceeded by none of her other trading......  [read more]

  • almond demand and supply

    A Nutty Demand and Supply Story

    Dec 26, 13 • 2181 Views • No Comments

    Our almond story starts on the demand side in China with a name change. Just like apricot kernals, California almonds had been called xing ren until the apricot kernel growers accused the Americans of “deceiving consumers.” Trying to minimize a......  [read more]

  • Comparative Advantage: A Natural Gas Dilemma

    Aug 17, 13 • 1341 Views • No Comments

    When the price of natural gas plunged in 2008, manufacturers smiled. As Dow Chemical’s CEO recently explained, cheaper natural gas means a $4 billion investment in 120 new manufacturing projects. Using cheap gas, Dow plans to build ethylene, propylene,......  [read more]

  • foreign investment, world, 16467_11.12_000007395743XSmall

    International Trade: The Story of a Subsidy

    May 11, 13 • 771 Views • No Comments

    Oddly, some US farm subsidies go to Brazil. Imagine a safety net when you think of a subsidy. If prices are too low, then growers get money from the federal government. During the 1930s Great Depression, the goal of subsidies was to sustain a farmer’s......  [read more]

  • Everyday economics and Shake Shack

    Purchasing Power

    Feb 22, 13 • 713 Views • 1 Comment

    The Big Mac Index is out again and not much has changed. Norway’s Big Macs are expensive and Chinese Big Macs are cheap. What do Big Mac prices tell us about purchasing power? Starting with an average U.S. price of $4.37, we can determine whether other......  [read more]