Macro 5.1- Balance of Payments



In this video I explain the Balance of Payments with the current and capital (financial) account. Keep in mind that when a country has a deficit in one account they must have a surplus in the other account. Thanks for watching. Please subscribe. To learn about misconceptions about the minimum wage, click here https://www.youtube.com/watch?v=4GIdROzO94M To learn more economics, click here https://www.youtube.com/watch?v=HQkVO2PsxFw Macroeconomics Videos https://www.youtube.com/watch?v=XnFv3d8qllI Microeconomics Videos https://www.youtube.com/watch?v=swnoF533C_c Check out my Review Apps for Macro and Micro https://itunes.apple.com/us/app/ap-macroeconomics-review/id634270093?mt=8 Watch Econmovies https://www.youtube.com/playlist?list=PL1oDmcs0xTD9Aig5cP8_R1gzq-mQHgcAH Follow me on Twitter https://twitter.com/acdcleadership

Comments

  1. 杭十四中观光团前来报道
  2. You remind me of Jason Segel.
  3. I don't see the point in rushing the explanation.
  4. Many thanks
  5. Thank you <3
  6. Actually, China has been running both an current account and capital account surplus, called 'Twin Surpluses'; something very unusual. Mighty Chinese :)
  7. 2:15 what if China doesn't buy American assets with its dollars?
  8. U r clever cus u have a knack of explaining it in an easy to understand way. Thanks.
  9. this is CRAAAAAAAAAAAAAAAAAAAAAAZY
  10. Mr. Clifford, when the U.S. imports goods from Mexico, does the U.S. send Mexico US dollars or peso's for those goods?

    I have heard and read from other resources that when the U.S. imports goods and services, the exporting country can only do two things with the US dollars, either buy U.S. goods w/ the new acquired dollars our buy U.S. financial assets. Is this correct? This theory implies these transactions are settled w/ U.S. dollars.

    Where I get confused is w/ the foreign exchange markets? When the U.S. imports goods and services, couldn't the exporting country just use the FOREX market to convert the U.S. Dollars to their native currency?

    I guess the basic question I have is, which currency is used to settle foreign transactions? Are they settled w/ the importer's currency or foreign currency? Thanks for your help! Your videos are awesome. Keep up the good work.

    Joel
  11. I have a question if China Has surplus then why would it invest in American Assets Why not in their own assets?
  12. Clifford, I love you. Just bought the guide <3
  13. Good day Sir

    I trust you are well. I wanted to know if I can get your permission to download your videos, as I do not have internet access at home.

    I would really appreciate this as your videos can aid my understanding of economics.
  14. why do we assume that China is gonna buy American assets with the money from exports? They could spend it in China or in other countries
  15. You ma nigga bruh, always helping me out and shit
  16. What level of students do you teach?
  17. I wonder what will happen if China spend US dollar to buy, for example, European bonds rather than American bonds? Why does trade deficit cause wars like 1840 Opium War?
  18. Thanks
  19. You can also watch him teach Economics on Crash Course
  20. Oh, thank you so much!!


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Visibility: 195264

Duration: 3m 34s

Rating: 792