The Balance of Payments & the Savings–Investment Check
This lesson is part of the course
In this lesson
You build Norland's current account from goods, services and income flows, compute net exports and check the result against national saving minus investment.
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Lessons in this course
- Opportunity Cost: Absolute vs Comparative Advantage Locked
- Production Possibilities & the Gains from Specialisation Locked
- Terms of Trade: The Feasible Range & Who Gets the Gains Locked
- A Small Open Economy at the World Price: Imports or Exports? Locked
- A Tariff in Numbers: Surplus, Revenue & Deadweight Loss Locked
- Import Quota vs Tariff: The Quota Rent and Who Keeps It Locked
- The Balance of Payments & the Savings–Investment Check Locked
- A Trade-Weighted Exchange-Rate Index & Competitiveness Locked