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Open-Economy Macroeconomics: Basic Concepts (Chapter 12) – Study Notes
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Exporting and Importing
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04:
Autarky
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09:03
High World Price: Export
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06:36
Low World Price: Import
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Sources of Comparative Advantage
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05:50
Sources of Comparative Advantage
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Balance of Trade; Trade Deficit and Trade Surplus
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06:55
Trade Deficit and Trade Surplus
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Balance of Payments: Current Account
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08:08
Balance of Payments: Current Account
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Balance of Payments: Financial Account and Capital Account
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07:10
Balance of Payments: Financial Account and Capital Account
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Net Exports Equal Net Foreign Investment
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07:24
Net Exports Equal Net Foreign Investment
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