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A Macroeconomic Theory of the Small Open Economy: Loanable Funds, Foreign Exchange, and Policy Impacts

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Balance of Payments: Introduction

  • Percorso guidato
    Balance of Payments: Introduction
    05:29

Net Exports Equal Net Foreign Investment

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    Net Exports Equal Net Foreign Investment
    07:24

Exporting and Importing

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    Low World Price: Import
    06:36
  • Percorso guidato
    Autarky
    04:
  • Percorso guidato
    High World Price: Export
    09:03

Sources of Comparative Advantage

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    Sources of Comparative Advantage
    05:50

Tariffs

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    Tariffs on Imports
    14:35

Import Quotas and VERs

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    Import Quotas and VERs
    14:08
  • Percorso guidato
    Import Quotas
    09:44