- Ch. 22 quiz
- News presentation?
- Questions from the videos?
- In-class work
- Outline the components of the current, financial, and capital accounts
- Explain how the current account is balanced with the financial/capital accounts
- Why does a current account deficit result in downward pressure on the exchange rate of a currency?
- Why does a current account surplus may result in upward pressure on the exchange rate of a currency?
- Exercises 2-4