• The International Economy " Going Global!"

    Essential Questions
     
    1.  Why does the United States trade?
    2.  Why has tourism to the United States increased over recent years?
    3.  Why does American companies outsource investments, including jobs?
    4.  How does the FOREX graph illustrate the supply and demand of American dollars in the form of other currencies?
    5.  Is a "weak" dollar good or bad for the American economy?
     
    • Comparative Advantage
    • (x-m) the trade balance
    • Gross NATIONAL Product (GNP not GDP)
    • Balance of Payments
    • Capital Flows
    • Current and Capital Accounts- Must Equalize!   Watch the following youtube video- it received good reviews from last years class http://www.youtube.com/watch?v=JKRBpJZ92QM 
    • The FOREX Graph
    Helpful Websites
    2014 #3
    2013 #1
    2012 #1
    2011 #2
    2011 (Form B) #2
    2010 #3
    2009 #2
    2009 (Form B) #3
    2008 #2
    2008 (Form B) #1 and 2
Last Modified on January 21, 2015