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International Trade and Capital Flows

18 Lessons 57 mins

Discover the factors that influence trade and current account balances, explore historical and international trade balances in context, and learn about the pros and cons of trade deficits and surpluses.

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Tutorial Lessons

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Introduction to the International Trade and Capital Flows

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2

Measuring Trade Balances

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3

Components of the U.S. Current Account Balance

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4

Key Concepts and Summary

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Trade Balances in Historical and International Context

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6

Key Concepts and Summary

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7

A Two-Person Economy: Robinson Crusoe and Friday

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The Balance of Trade as the Balance of Payments

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9

Key Concepts and Summary

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10

Understanding the Determinants of the Trade and Current Account Balance

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11

Domestic Saving and Investment Determine the Trade Balance

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12

Exploring Trade Balances One Factor At a Time

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13

Short-Term Movements in the Business Cycle and the Trade Balance

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14

Key Concepts and Summary

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15

The Pros and Cons of Trade Deficits and Surpluses

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16

The Difference Between Level of Trade and the Trade Balance

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17

Final Thoughts About Trade Balances

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18

Key Concepts and Summary

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