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Chapter 10 Study Guide (password: chapter)

10.0 Introduction to International Trade and Capital Flows

10.1 Measuring trade Balances

10.2 Trade Balances in Historical and International Context

10.3 Trade Balances and Flows of Financial Capital

10.4 The National Saving and Investment Identity

10.5 The Pros and Cons of Trade Deficits and Surpluses

10.6 The Difference between Level of Trade and the Trade Balance

Practice Problems

Answer Key

Problem 1

Problem 2

Problem 3

Problem 4

Problem 5

Problem 6

Problem 7

Problem 8

Problem 9

Problem 10