Macroeconomics AP

Graph both currencies. Label them as either “appreciating” or “depreciating” in value. Tell what happens to US Exports after the chang...

Arguments for protectionism Military Self-Sufficiency not economic, political and military need to preserve industries that are essenti...

We already know people and nations trade to improve their standard of living trade is voluntary  trade will only occur if both sides e...

(Balance of Payments and Foreign Exchange)   First, some differentiation Balance of Trade : looks only at a nation's exports and im...

Balance of payments (BoP) accounts : an accounting record of all monetary transactions between a country and the rest of the world Thes...

Currencies as part of Supply and Demand All major currencies of the world “float” on supply and demand markets.  Some minor currencies...

Economic growth (A percentage rate of growth per quarter) increase in real GDP (or) increase in real GDP per capita real GDP / popul...