Examen economie - Begrotingstekort, financieringstekort en staatsschuld

Visit https://digistudies.nl for an overview of more than 700 videos covering all exam subjects and topics! The videos on the platform are clearly displayed, and you can keep track of your exam progress in your own learning environment. Want to see more videos for your economics exam? https://digistudies.nl/havo/economie In this video, we will discuss several important concepts. We will look at the budget deficit, the financing deficit, and the national debt, and how these concepts relate to each other. The European Union is a treaty between 27 countries that currently have the freedom of movement of goods, services, people, and capital. The idea arose after World War II to stimulate trade and ensure security. The free movement of goods, services, people, and capital means that residents of countries within the European Union can purchase goods or services from other countries without additional costs, and can work and spend capital in other EU countries without additional costs. Countries within the European Union also have open borders with each other, making travel between EU countries very easy because you can cross borders between them without any problems. Of the 27 countries in the European Union, 19 currently use the euro as their currency. These countries are called the Eurozone. The remaining countries use their own currencies. For example, Sweden is in the European Union but uses the Swedish krona, while Hungary, for example, still uses the Hungarian forint. The fact that many countries within the European Union use the euro makes it easy to negotiate because there's no exchange rate. However, regardless of whether a country in the European Union uses the euro or its own currency, there is a great deal of trade with each other. Before the European Union, each country had its own rules regarding import duties. But now, the member countries of the European Union have collectively agreed on which products may and may not be imported from countries outside the European Union. The European Union has established common import duties, which every EU country must adhere to. This ensures, for example, a common import ban. For example, the Netherlands cannot be prohibited from importing weapons while Poland, for example, can. A general ban on weapons imports would then apply to all countries in the European Union. Now we'll discuss the European economy. Because companies can now sell and deliver their products and services anywhere in the European Union, the sales market has shifted from a national to a European level. A logical consequence of this is increased competition, as a Dutch potato producer might now face a Polish potato producer. Both are members of the European Union and are also trying to sell their potatoes there. What countries often do individually is provide subsidies to producers to keep their production costs low and thus offer cheaper products. For example, Dutch potato farmers might receive a subsidy from the Dutch government, while Polish potato farmers do not. This gives Dutch farmers a kind of advantage, creating unfair competition. Within the European Union, this is also known as international distortion of competition. Want to stay up-to-date on all the exam videos we publish? Subscribe to our channel now! Website - http://www.digistudies.nl/ Facebook -   / digistudies   Instagram -   / digistudies   Editing: Marthijn Beilschmidt