KEY TERMS
absorption, p. 216
balance of payments, p. 210
balance of payments
accounts, p. 206
current account, p. 206
current account balance, p. 209
financial account, p. 209
financial account balance, p. 209
financial inflow, p. 209
financial outflow, p. 209
foreign direct investment, p. 213
large open economy, p. 221
official reserve assets, p. 210
small open economy, p. 217
statistical discrepancy, p. 212
unilateral transfers, p. 209
world real interest rate, p. 217
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