The Balance of Payments and the Exchange Rate
Topic 1: The Balance of Payments
A Copy of Table 1
Topic 2: Autonomous and Induced Transactions: Balance
of Payments Equilibrium
A Copy of Table 2
Topic 3: Aggregate Demand and Supply and the Balance
of Payments
Topic 4: The Equilibrating Mechanism
Topic 5: The Exchange Rate and the Current Account:
Full-Employment Conditions
A Copy of the Figure Representing Full Employment Conditions
Topic 6: Income Adjustments and the Current Account:
Less-Than-Full-Employment Conditions
A Copy of the Figure Representing Less-Than-Full-Employment
Conditions
Topic 7: Some Empirical Evidence
John E. Floyd
Professor of Economics, University of Toronto
Toronto, Ontario, Canada
Copyright, John E. Floyd
j.floyd@utoronto.ca