Lecture_11_complete_version

Lecture_11_complete_version - Lecture 11 The Open Economy:...

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1 Lecture 11 The Open Economy: International Trade & Exchange Rates
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2 Largest Goods Traders (2003) Source: WTO
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3 Largest Services Traders (2003) Hong Kong Italy Japan Ireland Canada China Spain Netherlands France Germany U.K. United States 0 100 200 300 400 Exports Imports Source: WTO
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4 Source: WTO
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5 Regionalism Source: WTO
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6 Financial Crisis Impact on Exports
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7 Financial Crisis Impact on Exports
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8 The Financial Crisis and Trade
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9 Regional Export Destination (% of regional exports, 2003) North America 40.5   15.4  18.1  0.8  1.2  2.1  22.0  100.0  Latin America 57.8  15.6   13.6  1.2  1.4  1.2  7.6  100.0  Western Europe 9.5  1.8  67.7   6.8  2.5  2.6  7.9  100.0  C./E. Europe/Baltic States/CIS 4.6  1.7  56.8  24.5   1.1  2.3  7.6  100.0  Africa 18.9  2.5  48.4  0.6  10.2   1.5  17.7  100.0  Middle East 15.5  0.9  16.0  0.8  3.5  7.3   48.6  100.0  Asia 22.5  2.2  16.8  1.7  1.7  3.0  49.9   100.0  World 19.8  4.4  41.7  4.9  2.2  2.7  22.6  100.0 
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Regional Export Destination (% of world exports, 2003) North America 5.5   2.1  2.5  0.1  0.2  0.3  3.0  13.7  Latin America 3.0  0.8   0.7  0.1  0.1  0.1  0.4  5.2  Western Europe 4.1  0.8  29.2   2.9  1.1  1.1  3.4  43.1  C./E. Europe/Baltic States/CIS 0.3  0.1  3.1  1.3   0.1  0.1  0.4  5.5  Africa 0.4  0.1  1.1  0.0  0.2   0.0  0.4  2.4  Middle East 0.6  0.0  0.7  0.0  0.1  0.3   2.0  4.1 
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This note was uploaded on 12/14/2010 for the course ECON 1002 taught by Professor Markmelatos during the Three '10 term at University of Sydney.

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Lecture_11_complete_version - Lecture 11 The Open Economy:...

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