AP Unit XIII: International Trade

A. Balance of payments accounts

1. Balance of trade
2. Current account
3. Financial account
B. Foreign exchange market
1. Demand for and supply of foreign exchange
2. Exchange rate determination
3. Currency appreciation and depreciation
C. Imports, exports, and financial capital flows
D. Relationships between international and domestic
financial and goods markets

Topics: Capital Flows and Balance of Payments, Foreign Exchange Market,
Readings: Module 4, 41, 42, 43, 44, 45
Assignment: p.32-33(#8,10,12), p.453-454(#1,3-6, 8-10) MC Sect 8 (10)

Why have Trade Restrictions
Exchange Rates

Practice Test

Sample Trade Test Part #1 (25%)
Sample Trade Test Part #2 (25%)
Sample Trade Test Part #3 (Real test to be on Thursday, 50%)