APMac Unit 6 Lesson 1 - Balance of Payments Accounts by jclerch https://padlet.com/jclerch/fm4r91j5kfsa Open Economy - International Trade and Finance en-us 2017-01-01 18:02:25 UTC 2025-10-05 16:08:07 UTC hello@padlet.com https://padlet-uploads.storage.googleapis.com/135439946/4bcb7cf73dfa9fc49423361fc42370df/IMG_12291_1mb.png More details on Current/Capital Account jclerch https://padlet.com/jclerch/fm4r91j5kfsa/wish/160249623 Includes Quizzes, and has videos relating to the entire unit. ]]> 2017-03-15 13:55:33 UTC https://padlet.com/jclerch/fm4r91j5kfsa/wish/160249623 jclerch https://padlet.com/jclerch/fm4r91j5kfsa/wish/244971700 2018-03-22 13:18:03 UTC https://padlet.com/jclerch/fm4r91j5kfsa/wish/244971700 jclerch https://padlet.com/jclerch/fm4r91j5kfsa/wish/245092460 2018-03-22 16:17:04 UTC https://padlet.com/jclerch/fm4r91j5kfsa/wish/245092460 jclerch https://padlet.com/jclerch/fm4r91j5kfsa/wish/245092815 2018-03-22 16:17:35 UTC https://padlet.com/jclerch/fm4r91j5kfsa/wish/245092815 jclerch https://padlet.com/jclerch/fm4r91j5kfsa/wish/245810334 2018-03-25 11:03:16 UTC https://padlet.com/jclerch/fm4r91j5kfsa/wish/245810334 Questions jclerch https://padlet.com/jclerch/fm4r91j5kfsa/wish/245830375
  • How does a decrease in tariffs affect the current account balance for the country lowering the tariff? 
  • What is the current account and what does it measure?
  • What is the capital (financial) account and what does it measure? 
  • What is the balance of trade, and how is it different than the balance of payments
  • What happens when a country, like the US, consistently runs a current account deficit? 
  • Is there a connection between the capital (financial) account balance, the strength of the country's currency, and demand for that country's exports? For example, if a country has a current account deficit, what type of pressure does this put on the foreign exchange rate for that country’s currency. 
    • ]]>     2018-03-25 14:25:50 UTC https://padlet.com/jclerch/fm4r91j5kfsa/wish/245830375     Daniel Griswold's publication jclerch https://padlet.com/jclerch/fm4r91j5kfsa/wish/246017865 2018-03-26 11:31:16 UTC https://padlet.com/jclerch/fm4r91j5kfsa/wish/246017865 jclerch https://padlet.com/jclerch/fm4r91j5kfsa/wish/247674060 Student-recommended ]]> 2018-04-01 15:13:57 UTC https://padlet.com/jclerch/fm4r91j5kfsa/wish/247674060 jclerch https://padlet.com/jclerch/fm4r91j5kfsa/wish/319331236 2019-01-10 16:34:55 UTC https://padlet.com/jclerch/fm4r91j5kfsa/wish/319331236 Weirdness of Trade Deficits jclerch https://padlet.com/jclerch/fm4r91j5kfsa/wish/352325915 2019-04-17 15:26:38 UTC https://padlet.com/jclerch/fm4r91j5kfsa/wish/352325915 Balance of Payments Explained jclerch https://padlet.com/jclerch/fm4r91j5kfsa/wish/354647615 2019-04-27 07:13:36 UTC https://padlet.com/jclerch/fm4r91j5kfsa/wish/354647615 jclerch https://padlet.com/jclerch/fm4r91j5kfsa/wish/372297053 2019-07-25 16:33:54 UTC https://padlet.com/jclerch/fm4r91j5kfsa/wish/372297053 Essential Knowledge jclerch https://padlet.com/jclerch/fm4r91j5kfsa/wish/372387759 The current account (CA) records net exports, net income from abroad, and net unilateral transfers.

    The CA is not always balanced; it may show a surplus or a deficit. A nation’s balance of trade (i.e., net exports) is part of the current account and may also show a surplus or a deficit.

    The capital and financial account (CFA) records financial capital transfers and purchases and sales of assets between countries.

    The CFA is not always balanced; it may show a surplus (financial capital inflow) or a deficit (financial capital outflow).

    The balance of payments (BOP) is an accounting system that records a country’s international transactions for a particular time period. It consists of the CA and the CFA.

    Any transaction that causes money to flow into a country is a credit to its BOP account, and any transaction that causes money to flow out is a debit. The sum of all credit entries should match the sum of all debit entries (CA+CFA=0).
    ]]>     2019-07-26 13:55:10 UTC https://padlet.com/jclerch/fm4r91j5kfsa/wish/372387759     Enduring Understanding jclerch https://padlet.com/jclerch/fm4r91j5kfsa/wish/372387783 Foreign trade accounting measures the flow of goods, services, and financial capital between countries.]]> 2019-07-26 13:55:36 UTC https://padlet.com/jclerch/fm4r91j5kfsa/wish/372387783 Learning Objectives jclerch https://padlet.com/jclerch/fm4r91j5kfsa/wish/372387795 Define the current account (CA), the capital and financial account (CFA), and the balance of payments (BOP).

    Explain how changes in the components of the CA and CFA affect a country’s BOP.

    Calculate the CA, the CFA, and the BOP.
    ]]>     2019-07-26 13:55:49 UTC https://padlet.com/jclerch/fm4r91j5kfsa/wish/372387795     New York Fed Explains Balance of Payments jclerch https://padlet.com/jclerch/fm4r91j5kfsa/wish/372392715 2019-07-26 14:56:12 UTC https://padlet.com/jclerch/fm4r91j5kfsa/wish/372392715 EzyEconomics jclerch https://padlet.com/jclerch/fm4r91j5kfsa/wish/426810943 This is a written post with a video embedded. ]]> 2019-12-26 16:37:08 UTC https://padlet.com/jclerch/fm4r91j5kfsa/wish/426810943 jclerch https://padlet.com/jclerch/fm4r91j5kfsa/wish/479883736 2020-03-28 19:02:39 UTC https://padlet.com/jclerch/fm4r91j5kfsa/wish/479883736 jclerch https://padlet.com/jclerch/fm4r91j5kfsa/wish/493390393 2020-04-05 16:01:19 UTC https://padlet.com/jclerch/fm4r91j5kfsa/wish/493390393 Lesson Introduction jclerch https://padlet.com/jclerch/fm4r91j5kfsa/wish/1305806427 2021-03-13 18:54:38 UTC https://padlet.com/jclerch/fm4r91j5kfsa/wish/1305806427