Version User Scope of changes
Apr 16 2008, 8:56 AM EDT (current) welkerjason 1 widget added, 1 widget deleted
Apr 16 2008, 8:55 AM EDT welkerjason 1 widget added

Changes

Key:  Additions   Deletions
The Balance of Payments
  • Current account
  • Capital account
  • Official Reserves account

Flexible Exchange Rates
  • Depreciation and appreciation
  • Determinants of exchange rates
  • Flexible rates and the balance of payments
  • Disadvantages of flexible exchange rates

Fixed Exchange Rates
  • Use of reserves
  • Trade policies
  • Domestic macroeconomic adjustments

International Exchange-Rate Systems
  • The Bretton Woods System
  • The current system: the managed float

Recent US Trade Deficits
  • Causes of the trade deficits
  • Implications of US trade deficits