International Linkages
Macroeconomic Linkages Macroeconomic linkages between countries are expressed through their respective current and capital accounts. The current account reflects net …
exchange rates
Module 11.3 LOS 11.j: How flows in BOP affect exchange rates
The BOP is an accounting method that tracks transactions between a country and its international trading partners. It accounts for …
CFA Level II: Economics – Exchange Rate Models
Current Account and Exchange Rates Current deficits tend to lead to depreciation of the domestic currency. There are 3 mechanisms …