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Chapter 18. Open Economy Macroeconomics

Chapter 18. Open Economy Macroeconomics. Link to syllabus. The US Balance of Payments, 2007. Table 18-2, p. 495. Current Account Deficits. p. 499. Egypt’s Balance of Payments, 1991-1998. Source: WTO Trade Policy Review, Egypt, 1999. International Capital Flows. Fig. 18-4, p. 501.

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Chapter 18. Open Economy Macroeconomics

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  1. Chapter 18. Open Economy Macroeconomics Link to syllabus

  2. The US Balance of Payments, 2007. Table 18-2, p. 495

  3. Current Account Deficits. p. 499

  4. Egypt’s Balance of Payments, 1991-1998 Source: WTO Trade Policy Review, Egypt, 1999

  5. International Capital Flows. Fig. 18-4, p. 501

  6. Table 18.3 p. 505 Exchange rates, 2008 Link to x-rate.com

  7. Newspaper Presentation

  8. P. 497 Bade/Parkin EYE ON THE GLOBAL ECONOMY The Sliding Euro Back to list

  9. P. 485 Bade/Parkin The Dollar and the Yen Since 1980 Back to list

  10. The Foreign Exchange Market. Fig. 18-5, p. 506. ←Depreciation of $ Appreciation of $→ The market for US Dollars in Europe, for which the price is expressed as €/$.

  11. The Foreign Exchange Market. Fig. 18-5, p. 506. ←Depreciation of $ Appreciation of $→ (US imports) (US exports) The market for US Dollars in Europe, for which the price is expressed as €/$.

  12. The Foreign Exchange Market. Fig. 18-5, p. 506. ←Depreciation of $ Appreciation of $→ US imports & capital flows, US → Europe US exports & capital flows, Europe → US The market for US Dollars in Europe, for which the price is expressed as €/$.

  13. Increase in Demand for US Dollars in Europe, caused by greater capital flows from Europe → US. Fig 18-6, p. 507

  14. Political Impact on X-rates

  15. Britain’s new economic policy, Tax and Axe:NYT June 23, 2010

  16. Real vs. Nominal Exchange Rates Peso/US$ 1990-2007. Figure 18-7, p. 509

  17. Purchasing Power Parity, Canada/US. Fig. 18-8, p. 511

  18. US Net Exports, 1947-2008. Fig. 18-9, p. 512

  19. Exchange Rate Intervention. Fig. 18-10, p. 514 Balance of payments deficit: Balance of payments surplus oversupply of domestic currency in international markets. S reflects Genovian imports, D is Genovian exports, and Exports – Imports < 0.

  20. Monetary Policy and the Exchange Rate. Fig. 18-12, p. 519 Note that the exchange rate is now Geno/$, in contrast to Fig. 18-5.

  21. Fig. 18-11 p. 516 The Road to the Euro

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