Introduction to the Impacts of Government Borrowing

How Trade Policy Is Enacted: Globally, Regionally, and Nationally

By the end of this section, you will be able to:

• Explain the origin and role of the World Trade Organization (WTO) and General Agreement on Tariffs ...
  Science and Technology OpenStaxCollege 1423 2014-12-29 02:29:30

Government Spending

By the end of this section, you will be able to:

• Identify U.S. budget deficit and surplus trends over the past five decades
• Explain the differences between ...
  Science and Technology OpenStaxCollege 1558 2014-12-29 02:29:29

International Environmental Issues

By the end of this section, you will be able to:

• Explain biodiversity
• Analyze the partnership of high-income and low-income countries in efforts to address international externalities
...
Science and Technology OpenStaxCollege 1781 2014-12-29 02:29:24

The Economics of Pollution

By the end of this section, you will be able to:

• Explain and give examples of positive and negative externalities
• Identify equilibrium price and quantity
• Evaluate how ...
  Science and Technology OpenStaxCollege 1518 2014-12-29 02:29:17

How Well GDP Measures the Well-Being of Society

By the end of this section, you will be able to:

• Discuss how productivity influences the standard of living
• Explain the limitations of GDP as a measure of the standard ...
  Science and Technology OpenStaxCollege 1187 2014-12-29 02:29:15

Comparing GDP among Countries

By the end of this section, you will be able to:

• Explain how GDP can be used to compare the economic welfare of different nations
• Calculate the conversion of GDP ...
  Science and Technology OpenStaxCollege 1439 2014-12-29 02:29:15

Tracking Inflation

By the end of this section, you will be able to:

• Calculate the annual rate of inflation
• Explain and use index numbers and base years when simplifying ...
  Science and Technology OpenStaxCollege 1496 2014-12-29 02:29:15

Introduction to Consumer Choices

Trade Balances and Flows of Financial Capital

By the end of this section, you will be able to:

• Explain the connection between trade balances and flows of financial capital
• Calculate comparative advantage
• Explain balanced trade in terms of ...
  Science and Technology OpenStaxCollege 1384 2014-12-29 02:29:14

Exchange Rate Policies

By the end of this section, you will be able to:

• Differentiate among a floating exchange rate, a soft peg, a hard peg, and a merged currency
...
Science and Technology OpenStaxCollege 1619 2014-12-29 02:29:14

Introduction to Cost and Industry Structure