AP Economics – 4/25/19

I.  Bellwork

Understanding Trade Deficits

  1. Identify Pros and cons related to trade deficits in the article.
  2. Provide your opinion on whether deficits are good or bad and why?

II.  Objectives

  • Identify the components of the current and financial accounts and analyze their relationship
  • Construct economic models to demonstrate the flow of money (investment) between countries resulting from current account surpluses and deficits.

III.  Notebook

A.  Components of Current Account and Financial Accounts

  • Macro 5.1- Trade and Balance of Payments.
  • Module 41 Questions on iLearn


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