3 Tutorials that teach International Trade and Aggregate Demand
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International Trade and Aggregate Demand

International Trade and Aggregate Demand

Author: Colton Cranston

This lesson covers the international trade and aggregate demand. 

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Notes on "International Trade and Aggregate Demand"

Key Terms

  • Imports
  • Goods and services brought in to a country and produced by foreign nationals.
  • Exports
  • Goods and services sold and transported outside a country of original to a foreign country.
  • Exchange rates
  • The cost of one country’s currency relative to another’s.
  • Float/peg
  • A mechanism for exchange rate pricing; a floating rate moves with market forces; a pegged rate is a maintained value of a currency where the value is maintained by a central banking of foreign exchange regulating body and is typical deified in a range.