00:01
So we're going to be looking at the concept of international trade and relations.
00:06
International trade and relations.
00:18
Okay, so basically, comparing two nations, myanmar and singapore, we would want to find out, given the relationship they have, that singapore is actually the second largest investor in myanmar of 15 .6 billion us dollars.
00:44
And then so obviously the country is happy to have 16 ,000 myanmar officials and a cooperation scheme as human resources are a key factor of economic growth.
00:57
I want to explain how the singapore dollar in terms of the key art.
01:03
The currents of myanmar will be affected since singapore is the second largest investor.
01:09
In myanmar, at the same time, a small number of myanmar officials come to singapore for training.
01:16
Okay, so the whole year is to look at the patterns and their relations amongst their different variables.
01:27
So we'll basically just go to start off with understanding the price level.
01:33
And we're going to compare aggregate supply and aggregate demand.
01:38
So we have quantities.
01:42
And let's start with aggregate demand.
01:49
And we do have our aggregate supply.
01:56
And this will be the original aggregate supply.
02:01
Now, what obviously would happen comparing, let's look at the investments.
02:12
Okay, so because of investments, investment into the country, what we normally would find is that the price level in myanmar would actually decrease because production increases...