Reason : we need to maximize its profit. So nations need generally
accepted standard to trade smoothly between nations.
Balance ofpayment is overall money flows into and out of a country.
1. Positive balance ofpayment is called balance ofpayment surplus,
means more money has moved into a country than out of it.
2. Negative balance ofpayment is called
1. 국제수지(balance ofPayment)
1) 개념
① 한나라에 있어서 상품의 수출입이나, 자금의 대차에 따른 외국과의 사이에 주고받는 지불의 차액수지가 국제수지이다.
a. 현대에 있어서 한나라의 경제활동은, 타국의 경제활동과 밀접하게 연결되어 있다. ex) 해외로부터 원재료를 수입 →국내에서 가공, 제품
I. 서론
IS(Investment-Savings) 곡선, LM(Liquidity-Money) 곡선 및 BP(Balance ofPayments) 곡선은 거시경제학에서 사용되는 모형로 투자, 저축, 화폐 공급, 이자율 및 대외 무역과 같은 경제의 여러 구성 요소 간의 상호 작용을 분석합니다.
본 자료는 IS곡선, LM곡선, BP곡선의 개념과 도출방법 및 IS-LM-BP 모형에서 국민소
Ⅱ. Exchange rate regime
1. What is the exchange rate?
In finance, the exchange rates between two currencies specifies how much one currency is worth in terms of the other. It is the value of a foreign nation’s currency in terms of the home nation’s currency. For example an exchange rate of 91 Japanese yen (JPY, ¥) to the United States dollar (USD, $) means that 91 yen is worth the
of the disastrous economic policies that had contributed to the Great Depression of the 1930s.
Article I of the Articles of Agreement sets out the IMF's main responsibilities:
promoting international monetary cooperation;
facilitating the expansion and balanced growth of international trade;
promoting exchange stability;
assisting in the establishment of a multilateral system ofpayment