Textbook Notes (369,140)
Canada (162,411)
Economics (818)
ECON 2410 (18)
Chapter 18

Chapter 18- Openness in Goods and Financial Markets.pdf

1 Page
95 Views

Department
Economics
Course Code
ECON 2410
Professor
Laurent Cellarier

This preview shows half of the first page. Sign up to view the full page of the document.
Description
Chapter 18- Openness in Goods and Financial Markets February 20, 2014 12:45 PM Definitions/Equations Tradable Goods- goods that compete with foreign goods in either domestic markets or foreign markets Real Exchange Rate- the relative price of domestic goods in terms of foreign goods Nominal Exchange Rate- the price of the domestic currency in terms of foreign currency, denoted by Fixed Exchange Rate- a system in which two or more countries maintain a constant exchange rate between their currencies Foreign Exchange- foreign currency; all currencies other than the domestic currency of a given country Balance of Payments- a set of accounts that summarize a
More Less
Unlock Document

Only half of the first page are available for preview. Some parts have been intentionally blurred.

Unlock Document
You're Reading a Preview

Unlock to view full version

Unlock Document

Log In


OR

Join OneClass

Access over 10 million pages of study
documents for 1.3 million courses.

Sign up

Join to view


OR

By registering, I agree to the Terms and Privacy Policies
Already have an account?
Just a few more details

So we can recommend you notes for your school.

Reset Password

Please enter below the email address you registered with and we will send you a link to reset your password.

Add your courses

Get notes from the top students in your class.


Submit