International Trade and Exchange Rates Outline Balance of payments (BOP) accounting How open is the U.S. economy? Description of international trade Exchange rates—how…

International Trade and Exchange Rates Outline Balance of payments accounting Exchange ratesâhow are they determined? Exchange rates and the price of imported and exported…

Slide 1 Autonomous Items P R O F I T motivated by profit consideration Balance of Payment Autonomous and Accommodating Items 1 1990-91 1995-96 1996-97 1997-98 1998-99 1999-00…

THE INTERNATIONAL ECONOMIC ACTIVITY OF THE NATION The balance of payments Fundamentals of balance of payment accounting Defining international economic transactions Double…

Slide 1 International Finance Balance of payments Trade deficits and surpluses Foreign exchange markets 1 BOP accounting is the recording of transactions between domestic…