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Study Guide

Khan Academy: Lesson Summary: The Balance of Payments

Curated by ACT

In this lesson summary review and remind yourself of the key terms and calculations related to the balance of payments. Topics include the current account (CA) and the capital and financial account (CFA, sometimes called simply the capital account), and how the movement of goods, services, assets, and remittances appear in the BOP.

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Concepts
economics, macroeconomics
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Additional Tags
ap macroeconomics, international trade and finance, khan academy, khan academy: lesson summary: the balance of payments, open economy, open economy: international trade and finance, the balance of payments, balance of payments
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Classroom Considerations
  • Knovation Readability Score: 2 (1 low difficulty, 5 high difficulty)
  • The intended use for this resource is Instructional|practice