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AP Macroeconomics
Unit 6 – Open Economy – International Trade and Finance
Topic 6.1
How is the circular flow of dollars explained in the balance of payments?
Dollars received from foreigners are immediately spent on imports
Dollars sent to foreigners are lost and do not return to the country
Dollars received from foreigners exceed dollars sent to foreigners
Dollars sent to foreigners should equal dollars received from foreigners
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AP Macroeconomics - 6.1 Balance of Payments Accounts
Key terms
Balance of Payments
Circular flow of dollars
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About Fiveable
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CCPA Privacy Policy
Resources
Cram Mode
AP Score Calculators
Study Guides
Practice Quizzes
Glossary
Crisis Text Line
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© 2024 Fiveable Inc. All rights reserved.
AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.
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