D-MacroEcon-Ch32-Open-Economy_Macroeconomics_Basic_Concepts

Open-Economy Macroeconomics Basic Concepts

Concepts

Closed Economy vs. Open Economy

• Closed economy
• D-MacroEcon-Ch32a-Open_Economy

Export and Import

• Export：在本國生產並在國外銷售的商品與服務
• Import：在外國生產並在國內銷售的商品與服務

Net Exports / Trade Balance

• Net exports

Trade

• Trade surplus
• Trade deficit
• Balanced trade

Net Capitial Outflow

D-MacroEcon-Ch32b-NCO

Relation: NX and NCO

D-MacroEcon-relation-NX-NCO

Relation: Saving, Domestic Investment, NCO

D-MacroEcon-relation-Saving-Investment-NCO

Exchange Rate

• D-MacroEcon-Ch32c-Nominal_Exchange_Rate
• D-MacroEcon-Ch32d-Real_Exchange_Rate

Purchasing-Power Parity

D-MacroEcon-Ch32e-Purchasing-Power_Parity