经常项目余额(current account balance)
经常项目余额(current account balance)
经常项目余额(current account balance)
What does the Marshall-Lerner condition look like if the country whose real exchange rate changes does not start out with a current account of zero?
政府可能会关注大规模的经常项目赤字或盈余,你能找出其中的理由吗?政府为什么会关注该国的官方结算余额(即该国的国际收支平衡)?
Can you think of reasons why a government might be concerned about a large current account deficit or surplus? Why might a government be concerned about its official settlements balance(that is,its balance of payments)?
解释为什么在本章模型中贬值会改善经常项目。
Explain why a devaluation improves the current account in this chapter's model.
试考虑带有以下特征的经济:第一个时期的产量(Q1)为100;第二个时期的产量(Q2)为150;第一个时期的消费(C1)为120,且世界利率为10%(假定没有投资机会)。在两时期模型的框架内,试计算: a.第二个时期的消费量; b.两个时期的贸易余额; c.两个时期的经常项目。 Consider an economy with the following characteristics:production in period 1(Q1)is 1 00;production in period 2(Q2)is 150,consumption in period 1(C1)is 120,and the world interestrate is 10 percent.(Assume that there aye no investment opportunities.)In the framework of thetwo—period model,calculate a.The value of consumption in the second period. b.The trade balance in both periods. C.The current account in both periods.
在固定汇率制下。财政扩张如何影响一国的经常项目?
How does fiscal expansion affect a country's current account under a fixed exchange rate?
给定产出,一个国家可以通过减少投资或者减少消费(私人或政府的)来改善其经常项目。债务危机开始后,许多发展中国家会减少投资来改善经常项目。这是明智的战略吗?
Given output,a country can improve its current account by either cutting investment or cutting consumption(private or government).After the debt crisis of the 1980s began,many developing countries achieved improvements in their current accounts by cutting investment.Is this a sensible strategy?
Is it possible for a country to have a current account deficit at the same time it has a surplus in its balance of payments? Explain your answer,using hypothetical figures for the current and nonreserve financial accounts.Be sure to discuss the possible implications for official international reserve flows.