11 the macroeconomics of open economies. copyright©2004 south-western 31 open-economy...

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11

THE MACROECONOMICS OF OPEN ECONOMIES

Copyright©2004 South-Western

3131Open-Economy

Macroeconomics:

Basic Concepts

Copyright©2004 South-Western

Figure 1 The Internationalization of the U.S. Economy

Table 1 International Flows of Goods and Capital: Summary

Copyright©2004 South-Western

Copyright©2004 South-Western

Figure 2a National Saving, Domestic Investment, and Net Capital Outflow

Copyright©2004 South-Western

Figure 2b National Saving, Domestic Investment, and Net Capital Outflow

Copyright©2004 South-Western

Figure 3 Money, Prices, and the Nominal Exchange Rate during the German Hyperinflation

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