Random Fact

Median income for households in the United States fell to $51,017 in 2012 from $51,100 in 2011. Asians had the highest household incomes ($68,600), followed by whites ($57,000), Hispanics, ($39,000), and African Americans (33,300) (www.census.gov).

Unit 10: Foreign Exchange Rates and the Balance of Payments

Introduction
Section 1: Foreign Currency Exchange Rates
Section 2: Flexible versus Fixed Currency Exchange Rate Systems
Section 3: The Balance of Payments
Section 4: Common Misconceptions Regarding the Balance of Payments
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