Comparative advantage and absolute advantage | Microeconomics | Khan Academy November 8, 2019 43 By Kody Olson Related posts: No related posts. CategoryArticles BlogTagscups for plates 43 Comments Wayne Scott says: December 30, 2011 at 11:04 pm @Sabrijabro go outside kid Reply animals0feel1pain2 says: December 31, 2011 at 12:04 am @QuasiBelgium come on…. there are kids watching this Reply carlitos vodka says: December 31, 2011 at 12:35 am oh i just wanted to read this again. THanks! Reply Esteban Vargas says: February 4, 2012 at 11:44 pm wow this was actually pretty interesting. I never thought economy could be so cool. Reply 3impersonators says: March 29, 2012 at 3:00 pm Does anyone else think he sounds a lot like Tom Hanks? Reply MinimalistFuckGirl says: April 6, 2012 at 5:55 am These are the best i was thinking bout AP Macro is there vids for that tooo? Reply MinimalistFuckGirl says: April 6, 2012 at 5:58 am If kids can get that joke, its bad enough. haha Reply Borokan says: May 31, 2012 at 3:18 pm lol if they got that reference then i think they are fairly screwed already Reply G says: July 20, 2012 at 7:32 pm So do we always use the x axis when determining the OC? Reply kibum kim says: July 28, 2012 at 6:15 pm thx!!! it's seriously easy to understand abour economics 😀 Reply Tony Di says: March 23, 2013 at 12:56 pm I'm 2 years old (srs) Reply cheshireaxolotl says: March 23, 2013 at 11:09 pm I know, rite like "Wake up sheeple" LMAOROFL Reply Ian Seda says: July 23, 2013 at 10:03 pm Ok, now show the Prebisch critique of this abstract/unreal idea of specialization and trade based on comparative advantage that benefits all. Do the world a service and stop repeating this ideology which passes as science. The world does not work according to this. Reply luvcheney1 says: July 25, 2013 at 2:00 pm Yet, the freer trading nations are wealthier than the closed nations. There also is the notion of "liberty". Allow it, get govt out of the way. Reply Ian Seda says: July 25, 2013 at 6:00 pm YOu live in a dream world. Read a bit of history on England and the USA and tell me if they got to their situation because they opened up their own markets. Read "Bad Samaritans" by Ha Joon Chang and learn something before repeating this that you justheard somewhere which is disconnected from reality. Reply luvcheney1 says: July 25, 2013 at 9:59 pm Great, a commie. Go fuck yourself. Yes, the US was created, under the Commerce Clause, as the greatest free trade zone, in the world. It prevented states, from levying tariffs, between states. Because we are large, we import just 18% of GDP. Germany imports about 45% of GDP. Gee, are they a basket case? They are a fine, 1st world, conservative monetary policy, and near balanced budget nation. Reply Ian Seda says: July 25, 2013 at 10:02 pm hahaha, classic, you have no idea and start insulting! Did you address my comment? no!, but yes, now I'm a commie because you have no idea. Reply luvcheney1 says: July 26, 2013 at 1:11 am Yes, I addressed it. The reason for the commerce clause was to created a huge free trade zone, the US. Today, we imports JUST 18% of GDP, Germany 45%. I said all this already, and you claim all I did is call you a commie. No, Ha Joon Chang studied under a commie, and is a fucked up idiot. Reply Education4Life says: September 1, 2013 at 5:39 am to summarise: trade is based on Comparative Advantage NOT Absolute Advantage!. Reply Education4Life says: September 1, 2013 at 5:52 am Rofl Reply Something Fishie says: December 1, 2013 at 7:35 am Is it bad that I want little animated Patty and Charlie? With towers of cups and plates falling all over the place? Reply FoShiZznIt says: January 10, 2014 at 3:54 pm thank you so much (: Reply Mombie Nation says: February 18, 2014 at 6:22 pm Studying this before my exam!! I understand it completely now thank you Reply Ray How says: August 12, 2014 at 5:34 pm am i the only one that doesnt get audio? Reply appleseater26 says: October 11, 2014 at 3:04 am khan academy saved my DEC and BA luv you!!! Reply Daniel Maringka says: October 19, 2014 at 5:49 pm Anyone else think about something when Khan said "2 plates and 1 cup"? xD Anyway, really nice video. Helps me with studying for my exam. Thanks Khan! Reply a Haraldh says: February 16, 2015 at 2:44 pm # 2 plates 1 cup Reply Pooja Bhosale says: July 15, 2015 at 11:00 pm Awesome.. thank u so much.. easy language and great conveyance power u have. Reply vbnnv says: July 31, 2015 at 6:54 pm 2 girls one cup Reply Lawrence Of Canadia says: February 8, 2016 at 2:50 pm khan makes a lot of verbal mistakes Reply Millicent Myers-Simmonds says: April 21, 2016 at 3:05 am question if c produces bananas usin g more labour capital etc what would c have Reply Janna and Braden Family says: May 1, 2016 at 3:42 am This helped me so much, thank you. Reply Atika Yawar says: June 6, 2016 at 9:30 am Omg thanksss. This helped alot Reply hawaii137 says: July 28, 2016 at 2:14 am is it possible to have both the absolute and comparative advantage? Reply lilfro012 says: November 9, 2016 at 1:34 am thanks vlad Reply Your Mother says: November 17, 2016 at 8:17 pm 7:55 2 plates 1 cup 😀 Reply Your Mother says: November 17, 2016 at 8:24 pm Can't stop laughing Reply SHIVAY SHAKTI DUBEY says: January 28, 2017 at 5:47 am thanks sir, you are amazing. Reply Ahmad Fajrudin says: March 4, 2017 at 9:58 am Absolutely Understood ! I was give a tumbs up Reply Austito R says: August 28, 2017 at 12:10 am lmao expanded his pp Reply stenobro says: January 11, 2018 at 3:59 am How about he trades to Patty one girl and a cup for 6 plates and just films the rest? Reply M says: March 25, 2018 at 6:41 pm 40 – 10 = 20? Reply K O says: August 2, 2018 at 1:38 am You are super awesome at a explaining it for me I had a real time understanding it by reading the text book . Test is in two days you've helped me a lot. Thank you. Reply Karah Lee says: September 4, 2019 at 9:29 pm im so immature i keep laughing when he says ppf bc pp ahhahahhhaha Reply Leave a Reply Cancel reply Your email address will not be published. Required fields are marked *Comment Name * Email * Save my name, email, and website in this browser for the next time I comment.