Virtual Water
- Title:
- Virtual Water
- Description:
-
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Virtual water refers to the practice of trading commodities that contain water. It's oftentimes not easy to trade water from one country to another because of various political obstacles and because it is difficult to transport water. But, consider that a country trades wheat, and up to 1,300 liters of water go into growing a kilogram of wheat. In essence, that country trades water.
International Trade course: http://mruniversity.com/courses/international-trade
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- Video Language:
- English
- Team:
- Marginal Revolution University
- Project:
- Other videos
- Duration:
- 01:31