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Economics (Boundless)
32: Open Economy Macroeconomics

32: Open Economy Macroeconomics

Last updated

Jan 4, 2021
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- 31.5: Arguments for and Against Protectionist Policy
- 32.1: Capital Flows

Boundless
Boundless

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Topic hierarchy

32.1: Capital Flows
The balance of payments (BOP) is a record of all monetary transactions between a country and the rest of the world.
32.2: Exchange Rates
In finance, an exchange rate between two currencies is the rate at which one currency will be exchanged for another.
32.3: Equilibrium
In an open economy, equilibrium is achieved when no external influences are present; the state of equilibrium between the variables will not change.

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