IB Economics HL 4.6.5 Hl Financial Account and Exchange Rate Topic Practice

ConceptConcept DocsDocuments

ConceptConcept DocsDocuments

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

4.6.1—Balance of payments

4.6.2—Components of the balance of payments

4.6.3—Interdependence between accounts

4.6.4 (HL)—Current account and exchange rate

4.6.5 (HL)—Financial account and exchange rate

4.6.6 (HL)—Persistent current account deficit

4.6.7 (HL)—Marshall-Lerner condition and J-curve

4.6.8 (HL)—Persistent current account surplus

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

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