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Unit: Open economy: international trade and finance
AP Macro: MEA (BI), MEA‑4 (EU), MKT (BI), MKT‑5 (EU)
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AP Macro: MEA (BI), MEA‑4 (EU), MEA‑4.A (LO), MEA‑4.A.1 (EK), MEA‑4.A.2 (EK), MEA‑4.A.3 (EK), MEA‑4.A.4 (EK), MEA‑4.A.5 (EK), MEA‑4.A.6 (EK)
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The balance of paymentsGet 3 of 4 questions to level up!
AP Macro: MKT (BI), MKT‑5 (EU), MKT‑5.A (LO), MKT‑5.A.1 (EK), MKT‑5.A.2 (EK)
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Exchange ratesGet 3 of 4 questions to level up!
AP Macro: MKT (BI), MKT‑5 (EU), MKT‑5.B (LO), MKT‑5.B.1 (EK), MKT‑5.B.2 (EK), MKT‑5.C (LO), MKT‑5.C.1 (EK), MKT‑5.D (LO), MKT‑5.D.1 (EK)
AP Macro: MKT (BI), MKT‑5 (EU), MKT‑5.E (LO), MKT‑5.E.1 (EK), MKT‑5.E.2 (EK) , MKT‑5.E.3 (EK)
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Foundational concepts: determinants of currency supply and currency demandGet 3 of 4 questions to level up!
Effect of changes in policies and economic conditions on the foreign exchange marketGet 3 of 4 questions to level up!
AP Macro: MKT (BI), MKT‑5 (EU), MKT‑5.F (LO), MKT‑5.F.1 (EK), MKT‑5.F.2 (EK)
AP Macro: MKT (BI), MKT‑5 (EU), MKT‑5.G (LO), MKT‑5.G.1 (EK), MKT‑5.G.2 (EK)
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About this unit
In this unit, you'll learn about open economies, how a country’s transactions with the rest of the world are recorded in the balance of payments accounts, how market forces and public policy affect the foreign exchange market, and how changes in net exports and financial capital flows affect financial and goods markets.AP® is a registered trademark of the College Board, which has not reviewed this resource.