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guys Anyways, take care and we'll see you in the next
up online on trade and economics you can always see
this this type of data that we've got right here but yeah
this in more depth and looking at the components that actually
then what we look at right here is the GDP growth rate. And
then what you can do is also use this in a in comparison and
essentially puts all the countries listed so we got
data provides us with a comparative view of the key
here. Uh you can look at the GDP of each country. So it puts
indicator. You got GDP, labor, health, everything else. And
trading view trade and economics provide so this is
essential countries that we'll be looking at and this this
in contrast to other economies as well and that's also what
United United States China the Euro area Japan Germany all the
for example we've looked at the United States as an economic
from the homepage if you scroll right to the bottom but
on the indicator tab if you search up right at the top over
a simple lesson so if you guys definitely want as well check
it's just understanding that GDP is one of the most
show what that can help us predict what GDP is going to be
fundamentals youth and GDP so this lesson is quite simple
like through CPI data and everything else but yeah quite
important factors of course we're going to be looking at
countries where we can start to formula our views on the
for it. So the main website that we use is trade and
it's one of the biggest parts of the productivity of a
it's something that will you know will be looking at more
and more as we get through the course. Um so you can search up
basic fundamental terms we can compare the GDP growth rate
between certain countries to get the general bias on which
country, it's not just the GDP, it's understanding the imports
and the exports as well. Um but a lot of the GDP is you know
economics. Definitely put this on your favourite list because
there's been ah this amount of GDP for this year. But what
country. So how do we actually understand GDP and get the data
factor that we look at but it's part of the essential
checklist. So of course it's more to productivity in a
does that mean relative to other countries as well? In
the economy is performing better. However this is one
does that mean relative to what we've seen before? And what
of growth. Because it's all well and good in seeing ah yes
of an insight into how well a country's performing in terms
QOQ. Um obviously you've got different types of GDP readings
monetary measure of the market value of all the goods and
actually look at is the GDP growth rate as it gives us more
services produced in a specific time period. So in terms of
then of course you've got quarter on quarter which is
but these are the main ones that we look at. Um Now what we
time period you've got year on year which is YOWL or Y O Y and
brief terms how it works. First thing we're going to be looking
where we're really starting to you know understand the economy
at is GDP. So this is all to do with the productivity of a
country. So what is GDP? Uh gross domestic product is a
Yes everyone, welcome to the next video. So this one is
and moving on from that last video where we explained in
video.
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