国际经济学英文版chapter17.pptxVIP

The e Adjustment Mechanism and Synthesis of Automatic Adjustments收入调节机制与自动调节的综合S E V E N T E E N17 In this chapter:Introductione Determination in a Closed Economye Determination in a Small Open EconomyForeign RepercussionsAbsorption ApproachMonetary Adjustments and Synthesis of the Automatic Adjustments IntroductionThe e adjustment mechanism relies on changes in the level of national e of deficit and surplus nations to adjust the balance of payments.The e adjustment mechanism is Keynesian, while the price adjustment mechanism is more traditional, or classical. IntroductionAssumptionsDeficit or