The international trade and capital flows

OpenStax

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Introduction to the international trade and capital flows

Measuring trade balances

1 Components of the u.s. current account balance

2 Key concepts and summary

Trade balances in historical and international context

1 Key concepts and summary

Trade balances and flows of financial capital

1 A two-person economy: robinson crusoe and friday

2 The balance of trade as the balance of payments

3 Key concepts and summary

The national saving and investment identity

1 Understanding the determinants of the trade and current account balance

2 Domestic saving and investment determine the trade balance

3 Exploring trade balances one factor at a time

4 Short-term movements in the business cycle and the trade balance

5 Key concepts and summary

The pros and cons of trade deficits and surpluses

1 Key concepts and summary

The difference between level of trade and the trade balance

1 Final thoughts about trade balances

2 Key concepts and summary

Source: OpenStax, Principles of economics. OpenStax CNX. Sep 19, 2014 Download for free at http://legacy.cnx.org/content/col11613/1.11

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