Unit 1 Introduction to economics

Unit 2 Microeconomics

Unit 3 Macroeconomics

Unit 4 The global economy

4.1 Benefits of international trade

4.2 Types of trade protection

4.3 Arguments for and against trade control/protection

4.4 Economic integration

4.5 Exchange rates

4.6 Balance of payments

4.7 Sustainable development

4.8 Measuring development

4.9 Barriers to economic growth and/or economic development

4.10 Economic growth and/or economic development strategies

Concept/IB Economics/SL/Unit 4 The global economy/4.6 Balance of payments

4.6 Balance of payments

Syllabus: First assessment 2022
Topic: 4.6
Level: SL

What you’ll learn

3 learning objectives

Choose one objective for a focused lesson, or study the complete topic.

4.6 Balance of payments