ch01KeepingUpwithaChangingWorld(广东商学院王强)重点分析.pptVIP

Chapter 1Keeping Up with a Changing World Trade Flows, Capital Flows, and the Balance of Payments International Economic Integration International economic integration refers to the extent and strength of real-sector and financial-sector linkages among national economies. Real Sector: The sector of the economy engaged in the production and sale of goods and services. Financial Sector: The sector of the economy where individuals trade in financial assets. Though economists tend to measure activity in these two sectors separately, an important point of this chapter is to show that they are lin