Notes - country is selling o Finance Exchange rates –...

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10/29/07 Globalization Globalization – the movement of economic flow across borders o World not completely globalized, but much more than ever before o Trade: movement of products and services, imports and exports To what extent should a country be open to trade? Current account (trade deficit) – how much a country is buying vs. how much a
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Unformatted text preview: country is selling o Finance Exchange rates – fixed or flexible? Capital account: short term; long term o Multinational production – significant sales and/or production o Balance of payment: current account has to equal capital account o...
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This note was uploaded on 03/19/2008 for the course POLI 150 taught by Professor Mosley during the Fall '08 term at UNC.

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