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Open-Economy Macroeconomics: Basic Concepts by Ericka Joy Francisco is a document available to read on EtoBox.
What is Open-Economy Macroeconomics: Basic Concepts about?
This chapter introduces concepts of international macroeconomics including the trade balance, flows of goods and assets between countries, exchange rates, and how these interact with domestic saving and investment. It provides examples of the US trade deficit and net capital outflow and discusses why deficits are not necessarily a problem.
- Author
- Ericka Joy Francisco
- Language
- EN