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OpenStax Principles of Macroeconomics 2e, The International Trade and Capital Flows, Measuring Trade Balances
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CC BY
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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

Subject:
Applied Science
Material Type:
Module
Date Added:
08/21/2018
OpenStax Principles of Macroeconomics 2e, The Macroeconomic Perspective, Measuring the Size of the Economy: Gross Domestic Product
Unrestricted Use
CC BY
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By the end of this section, you will be able to:

Identify the components of GDP on the demand side and on the supply side
Evaluate how economists measure gross domestic product (GDP)
Contrast and calculate GDP, net exports, and net national product

Subject:
Applied Science
Material Type:
Module
Date Added:
08/21/2018