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《国际经济学》教师手册及课后习题答案(克鲁格曼,第六版)imch12
HAPTER 12
National Income Accounting and the Balance of Payments
Chapter Organization
The National Income Accounts
National Product and National Income
Capital Depreciation, International Transfers, and Indirect Business Taxes
Gross Domestic Product
National Income Accounting in a Closed Economy
Consumption
Investment
Government Purchases
The National Income Identity for an Open Economy
An Imaginary Open Economy
The Current Account and Foreign Indebtedness
Saving and the Current Account
Private and Government Savings
Case Study: Government Budget Deficit Reduction May Not Increase the Current Account Surplus
The Balance of Payments Accounts
Examples of Paired Transactions
The Fundamental Balance of Payments Identity
The Current Account, Once Again
The Financial Account
The Capital Account
The Statistical Discrepancy
Official Reserve Transactions
Box: The Mystery of the Missing Surplus
Case Study: Is the United States the Worlds Biggest Debtor?
Summary
Chapter Overview
This chapter introduces the international macroeconomics section of the text. The chapter begins with a brief discussion of the focus of international macroeconomics. You may want to contrast the type of topics studied in international trade, such as the determinants of the patterns of trade and the gains from trade, with the issues studied in international finance, which include unemployment, savings, trade imbalances, and money and the price level. You can then preview the manner in which the theory taught in this section of the course will enable students to better understand important and timely issues such as the U.S. trade deficit, the experience with international economic coordination, European Economic and Monetary Union, and the financial crises in Asia and other developing countries.
The core of this chapter is a presentation of national income accounting theory and balance of payments accounting theory. A solid understanding of these topics proves useful in other p
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