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Chapter 19. Open Economy Macroeconomics

Chapter 19. Open Economy Macroeconomics. Link to syllabus. The US Balance of Payments, 2010. Table 19-2, p. 551. Big Surpluses. P. 555. Current Account Deficits. Earlier edition. p. 499. Egypt’s Balance of Payments, 1991-1998. Source: WTO Trade Policy Review, Egypt, 1999.

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Chapter 19. Open Economy Macroeconomics

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  1. Chapter 19. Open Economy Macroeconomics Link to syllabus

  2. The US Balance of Payments, 2010. Table 19-2, p. 551

  3. Big Surpluses. P. 555.

  4. Current Account Deficits. Earlier edition. p. 499

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

  6. Exchange Rates, Sept. 24, 2011 (Table 19-3, p. 561)

  7. Earlier edition. Exchange rates, 2008 Link to x-rate.com

  8. Newspaper Presentation

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

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

  11. The Foreign Exchange Market. Fig. 19-5, p. 562. ←Depreciation of $ Appreciation of $→ The market for US Dollars in Europe, for which the price is expressed as €/$.

  12. The Foreign Exchange Market. Fig. 19-5, p. 562. ←Depreciation of $ Appreciation of $→ (US imports) (US exports) The market for US Dollars in Europe, for which the price is expressed as €/$.

  13. The Foreign Exchange Market. Fig. 19-5, p. 562. ←Depreciation of $ Appreciation of $→ US imports & capital flows, US → Europe US exports & capital flows, Europe → US The market for US Dollars in Europe, for which the price is expressed as €/$.

  14. Increase in Demand for US Dollars in Europe, caused by greater capital flows from Europe → US. Fig 19-6, p. 563

  15. Political Impact on X-rates

  16. Real vs. Nominal Exchange Rates Peso/US$ 1993-2011. Figure 19-7, p. 565

  17. U.S. Net Exports. Fig. 19-9, p. 568

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

  19. Exchange Rate Intervention. Fig. 19-10, p. 570Can’t do this in this course. 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. Fig. 19-11 p. 572 The Road to the Euro

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

  22. 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.

  23. Purchasing Power Parity, Canada/US. Fig. 19-8, p. 567

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