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Lecture Microeconomics (20/e): Chapter 25 - Campbell R. McConnell, Stanley L. Brue, Sean M. Flynn

This chapter takes a look at a country’s balance of payments, which essentially records all transactions that take place between one country and all the others. In this discussion, we will investigate how official reserves are used to ensure that the balance of payments does balance. Then we will look at how exchange rates are determined and different types of exchange rate systems. Lastly, we will learn about U.S. trade deficits and determine their impacts on the U.S. economy.

Từ khóa: Lecture Microeconomics, Economic problem, Economic principles, Economic policies, Balance of payments, Exchange rates

14 p tailieu_hce 28/04/2016 1435 2

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