![American Government](https://img.oercommons.org/160x134/microsite-oh-prod/media/courseware/course/image/courseware-courseware-11.png)
- Subject:
- Arts and Humanities
- Material Type:
- Full Course
- Provider:
- Rice University
- Provider Set:
- Openstax College
- Date Added:
- 01/06/2016
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
Identify the tradeoffs that come with a floating exchange rate, a soft peg, a hard peg, and a merged currency
By the end of this section, you will be able to:
Explain merchandise trade balance, current account balance, and unilateral transfers
Identify components of the U.S. current account balance
Calculate the merchandise trade balance and current account balance using import and export data for a country
By the end of this section, you will be able to:
Identify three factors that influence a country's level of trade
Differentiate between balance of trade and level of trade