Open economy
international trade and finance
This course contains 5 segments:
The balance of payments
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This course contains 5 segments:
The balance of payments
This course contains 5 segments:
The balance of payments
Governments keep track of international transactions in the same way a person might track their checking account balance. In this lesson, learn about the system that is used to keep track of how funds move into, and out of, a country.
Exchange rates
Learn about what an exchange rate is, and how the price of a currency is another currency in this lesson.
The foreign exchange market
Most country's use their own money to carry out transactions, which means anyone who wants to carry out a transaction in another country has to exchange their money for the other country's money. In this lesson, learn about exchange rates and the foreign exchange market.
Effect of changes in policies and economic conditions on the foreign exchange market
Real interest rates and international capital flows
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