International Trade

A rainfall shortage in the region is creating complications for global trade.

Today, we're grocery shopping around the world! GMM # 2429 Thanks to BetterHelp for sponsoring a portion of today's episode. If you're struggling, consider therapy with BetterHelp. Click https://betterhelp.com/goodmythicalmorning for a 10% discount on your first month of therapy with a licensed professional specific to your needs. Subscribe to GMM: https://www.youtube.com/goodmythicalmorning?sub_confirmation=1 Watch today's GMMORE: https://youtu.be/0LIsb_zjFaU Click the bell icon so you'll know when we add a new episode! Want more GMM? Check out these playlists: Season 22 - https://www.youtube.com/playlist?list=PLJ49NV73ttrsqm24TDIhC1EEF6V5KGajV Good Mythical Summer 2022 - https://www.youtube.com/playlist?list=PLJ49NV73ttrsc7lAZJpO5IOgldJ16BF8E Will It? - https://www.youtube.com/playlist?list=PLJ49NV73ttrucP6jJ1gjSqHmhlmvkdZuf Taste Tests! - https://www.youtube.com/playlist?list=PLJ49NV73ttrsUefw67wH_pnEJ5KwJZ7lN Check out Sporked, Mythical's website dedicated to helping you find the best food on the shelves! - http://www.sporked.com Get a copy of our novel, The Lost Causes of Bleak Creek @ http://www.bleakcreek.com Pick up official GMM and Mythical merch at https://mythical.com and https://www.amazon.com/mythical Don’t miss our weekly podcast, Ear Biscuits: https://applepodcasts.com/earbiscuits Join the Mythical Society: https://www.mythicalsociety.com Follow Mythical: Instagram: https://instagram.com/mythical Facebook: https://facebook.com/mythical Twitter: https://twitter.com/mythical TikTok: https://tiktok.com/@mythical Website: https://mythical.com Check Out Our Other Mythical Channels: Mythical Kitchen: https://youtube.com/mythicalkitchen Rhett & Link: https://youtube.com/rhettandlink Good Mythical MORE: https://youtube.com/goodmythicalmore Want to send us something? https://mythical.com/contact Submit your Wheel of Mythicality video here: http://bit.ly/GMMWheelIntroSUBMISSIONS Intro Visuals by the Mythical Crew led by: Ben Eck - http://benjamineck.com Chase Hilt Matthew Dwyer - https://dwy.me Mike Pasley - https://DigitalTwigs.com Intro Music by Pomplamoose - https://www.youtube.com/c/PomplamooseMusic Outro Music by Mark Byers - http://www.markaholic.com In the spirit of minimizing food waste associated with the filming of this series, Mythical is donating to the Hollywood Food Coalition ( https://hofoco.org ) who provide daily, nourishing meals to underserved communities in the Los Angeles area. Closed Captioning provided by Rev Get the GMM Set Gear! * Apple AirPort Extreme: https://amzn.to/2NnIvvk * Apple iPad Pro (12.9-inch, Wi-Fi, 64GB) - Space Gray (Latest Model) - MTEL2LL/A: https://amzn.to/2NnKXlw * Guardian Industrial Products DH-CP-4 3 Channel Rubber Cable Ramp (Straight): https://amzn.to/2NdshoR * Cartoni Focus HD Fluid Head with 3 Tube Ultra-Light Tripod, Mid-Level Spreader and Soft Case - Black: https://amzn.to/2X4i7X8 * ARRI SkyPanel S60-C LED Softlight (Blue/Silver, Edison): https://amzn.to/2YgM3km * Chef-Master 90050 Professional Heat Lamp, Silver: https://amzn.to/2Xa1Wwr * Samsung UN40H5003 40-Inch 1080p LED TV (2014 Model): https://amzn.to/2NdMU4e * Sony LMDA170 17" Production Video LCD Monitor, 16:9 Native Aspect Ratio, 1080p Resolution: https://amzn.to/2YlB9tH * Behringer Xenyx 1002 Premium 10-Input 2-Bus Mixer with XENYX Mic Preamps and British Eqs: https://amzn.to/2Yeeqzl * Elgato Game Capture Card HD60 S - Stream and Record in 1080p60, for PlayStation 4, Xbox One & Xbox 360 (Renewed): https://amzn.to/2NdOBP6 * Pyle Universal Speaker Stand Mount Holder - Heavy Duty Tripod w/ Adjustable Height from 40” to 71” and 35mm Compatible Insert - Easy Mobility Safety PIN and Knob Tension Locking for Stability PSTND2: https://amzn.to/2JcCpce * JBL EON612 Portable 12" 2-Way Multipurpose Self-Powered Sound Reinforcement: https://amzn.to/2Ndluvm * Bolt 500 XT 3G-SDI/HDMI Wireless TX/RX: https://amzn.to/2J1OeSk * Voigtlaender 17,5/0,95 Nokton 17.5 mm-17.5 mm Lens: https://amzn.to/2JjUCEP * Blackmagic Design Micro Converter SDI to HDMI (with Power Supply) BMD-CONVCMIC/SH/WPSU: https://amzn.to/2J6iw6y * Panasonic H-HSA35100 F2.8 II ASPH 35-100mm Mirrorless Micro Four Thirds Mount POWER Optical I.S. LUMIX G X VARIO Professional Lens: https://amzn.to/2RAhIul * PANASONIC LUMIX Professional 12-35mm Camera Lens G X VARIO II, F2.8 ASPH, Dual I.S. 2.0 with Power O.I.S., Mirrorless Micro Four Thirds, H-HSA12035 (2017 Model, Black): https://amzn.to/2J9WH5S * Decimator Design DMON-12S | 12 Channel Multi Viewer with HDMI SDI Outputs: https://amzn.to/2J9Xkwg * Decimator MD-HX HDMI and SDI Cross Converter with Scaling & Frame Rate Conversion: https://amzn.to/2Ymj52c * PANASONIC LUMIX GH4 Body 4K Mirrorless Camera, 16 Megapixels, 3 Inch Touch LCD, DMC-GH4KBODY (USA Black): https://amzn.to/2WZjlD6 * Blue Microphones Mouse Microphone Kc: https://amzn.to/2Ybu12I

India recently banned the export of non-Basmati rice. What are the economics of export bans? An export ban will tend to decrease the world supply thereby raising world prices but some of the previously exported goods will flow to the domestic market reducing domestic prices, which is the typical reason for an export bans. FT: […]

At National Portrait Gallery- seeing people have made same false claims about free trade for a long time. #teachecon pic.twitter.com/UiTEDxviMR— Matthew Rousu (@MatthewRousu) July 23, 2023

Worksheet – Consumer and producer surplus, International trade, Costs and production Related news articles: Why is the world’s top milk producer looking to import more dairy products? (Quartz, April 6, 2023), and What’s going on with India’s milk economy? (eDairyNews, May 3, 2023) Summary: This w...

Always good to have this at the ready. pic.twitter.com/NA0uV0jor2— GCEE (@Georgiaecon) May 10, 2023

An American couple was caught trying to smuggle 375 POUNDS of Fruit Roll Ups into the State of Israel after prices skyrocketed once the snack became part of a viral TikTok trend. Did you pack your bags yourselves and also are they full of exclusively candy? pic.twitter.com/GtGh76Z9n9— Amy Spiro (@AmySpiro) May 1, 2023

The U.S. dollar is the dominant currency in the global financial system, but some countries are following the trend of de-dollarization.

GENEVA (AP) — The makers of Toblerone are stripping images of Switzerland's famed Matterhorn and the Swiss flag from the packaging of the milk-chocolate treat as they move some production to Slovakia.

FACT: U.S. underwear tariffs are unfair to women. THE NUMBERS: Average U.S. tariff rates,* 2022 – Women’s underwear      15.5% All underwear                 14.7% Men’s underwear            11.5% Steel                               …

According to the USDA, the U.S. is the largest consumer, producer and exporter of corn in the world. Here's how the U.S. started fueling its economy with corn.

Trump’s tariffs of 25% on foreign steel and 10% on aluminum outraged America’s long-standing allies, including the European Union and Japan.

Now is the time for Americans to make their dream home purchases abroad as the US dollar is getting stronger and stronger.

Major shipping delays and backlog of vessels after region experiences lack of rainfall in recent weeks

Great to be a greenback… When you exchange US dollars for euros, you’re going to get a lot more bang for your buck — literally. The USD is the...

The elderly patient presented with difficulty walking. The patient was referred to an orthopedic surgeon, who traced the problem to osteoarthritis in the patient’s hips, knees, and feet. An otolaryngologist saw the patient and diagnosed a malfunction of the inner ear, the organ of balance. A consultant neurologist determined that the patient was suffering from […]

The U.S. dollar is the strongest it has been in 20 years. As it strengthens, other currencies — like the pound — weaken. That's good news for U.S. consumers and importers but bad news for others.

India, the world's biggest rice exporter, is considering whether to restrict exports of 100% broken rice, government and industry officials told Reuters on Friday, after the paddy area has been reduced by a lack of rainfall.

Another painful price increase.

U.S. goods imports were worth $2.8T in 2021. From east coast to west, this visualization breaks down imports on a state-by-state basis

A Retail Brew/Harris Poll survey found that consumers want more US-made products, but there are limits to how much more they’ll pay

In this infographic, we rank the world's 10 largest maritime shipping companies by container capacity and fleet size.

The euro has hit parity with the dollar , falling to its lowest level in 20 years and even skirting just below a one-to-one exchange rate with the U.S.

As a mighty dollar ripples through the global economy in profound ways, its impacts are being felt unequally.

Petroleum is the top import in twelve states, making it the most commonly imported commodity across America. Here are America’s top imports.

The U.S. exported $1.8 trillion worth of goods in 2021. This infographic looks at where that trade activity took place across the nation.

From Nevada gold to Maine’s top-tier lobsters, here are America’s top exports by state.