Foreign exchange and trade

Balance of payments. Current account. Capital account. Currency reserves and speculative attacks.

Balance of payments- current account and capital account

In this tutorial we will see how trade and assets (including money) changing hands are fundamentally intertwined. Not only that, but we will see how this can be accounted for through the capital account (assets changing hands) and current account (trade).
6:29
Balance of payments: Current account
Understanding the United States Current Account in 2011
7:27
Balance of payments: Capital account
Understanding how changes in foreign ownership of assets effects balance of payments
7:14
Why current and capital accounts net out
Intuition behind why the current account and capital account should balance