Balance of Payments & Exchange Rates Explained · Macro Foundations Episode 6
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YouTubeMacro Economics with Michael.
Balance of Payments & Exchange Rates Explained · Macro Foundations Episode 6
Episode 6 of Macro Foundations. We open the economy to the world with the two tools of international macroeconomics: the balance of payments and the exchange rate. Inside this episode: - What the balance of payments is · the national ledger with the world - The current account · trade, income, and transfers - The financial account · cross ...
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