Current account deficits
Current account surpluses
Continue on with the tasks contained in the Balance of Payments packet.
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You will be given a packet of resources which will contain tasks addressing all of the above objectives. Check out this link to a Slideshare presentation
You will be given a print copy of the following document to complete.
Fixed exchange rates
Continue on with the booklet you were given to address the objectives for fixed and managed exchange rates. You will be given another handout which you will use to evaluate the exchange rate systems (plus see textbook p290-292) Freely floating exchange rates
You will be given a copy of this to fill in... but if you lose it then here is one to download and print out...
Trading blocs
Use p314-316 of textbook plus "Economic Integration" PDF document from last session to meet the objectives listed above. Monetary union
Use p 311-312 Blink/Dorton to complete this page
Preferential trade agreements
Click here for the stages of economic integration and here for the advantages and disadvantages of trading blocs. Use the article "What is meant by Economic Integration? Is it Efficient within the EU?" to answer the following questions:
Each of the following articles regarding trade and protectionism have questions to be answered...
Here is an interesting article on the effect of subsidies paid to cotton farmers in America:
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