文档介绍：HAPTER 12
NATIONAL E ACCOUNTING AND THE BALANCE OF PAYMENTS
anization
The National e Accounts
National Product and National e
Capital Depreciation, International Transfers, and Indirect Business Taxes
Gross Domestic Product
National e Accounting in a Closed Economy
Consumption
Investment
Government Purchases
The National e Identity for an Open Economy
An Imaginary Open Economy
The Current Account and Foreign Indebtedness
Saving and the Current Account
Private and Government Savings
Case Study: Government Budget Deficit Reduction May Not Increase the Current Account Surplus
The Balance of Payments Accounts
Examples of Paired Transactions
The Fundamental Balance of Payments Identity
The Current Account, Once Again
The Financial Account
The Capital Account
The Statistical Discrepancy
Official Reserve Transactions
Box: The Mystery of the Missing Surplus
Case Study: Is the United States the World's Biggest Debtor?
Summary
CHAPTER OVERVIEW
This chapter introduces the international macroeconomics section of the text. The chapter begins with a brief discussion of the focus of international macroeconomics. You may want to contrast the type of topics studied in international trade, such as the determinants of the patterns of trade and the gains from trade, with the issues studied in international finance, which include unemployment, sav