N.

Gregory Mankiw

Macroeconomics
Seventh Edition

Chapter 5
The Open Economy

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Figure 5.1 Imports and Exports as a Percentage of Output: 2007
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Table 5.1 International Flows of Goods and Capital: Summary
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Figure 5.2 Saving and Investment in a Small Open Economy
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Figure 5.3 A Fiscal Expansion at Home in a Small Open Economy
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Figure 5.4 A Fiscal Expansion Abroad in a Small Open Economy
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Figure 5.5 A Shift in the Investment Schedule in a Small Open Economy
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Figure 5.6 The Trade Balance, Saving, and Investment: The U.S. Experience
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Figure 5.6 (a) The Trade Balance, Saving, and Investment: The U.S. Experience
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Figure 5.6 (b) The Trade Balance, Saving, and Investment: The U.S. Experience
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Figure 5.7 Net Exports and the Real Exchange Rate
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Figure 5.8 How the Real Exchange Rate Is Determined
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Figure 5.9 The Impact of Expansionary Fiscal Policy at Home on the Real Exchange Rate
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Figure 5.10 The Impact of Expansionary Fiscal Policy Abroad on the Real Exchange Rate
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Figure 5.11 The Impact of an Increase in Investment Demand on the Real Exchange Rate
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Figure 5.12 The Impact of Protectionist Trade Policies on the Real Exchange Rate
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Figure 5.13 Inflation Differentials and the Exchange Rate
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Figure 5.14 Purchasing-Power Parity
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Table 5.2 Big Mac Prices and the Exchange Rate: An Application of Purchasing-Power Parity
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Figure 5.15 How the Net Capital Outflow Depends on the Interest Rate
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Figure 5.16 Two Special Cases
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Figure 5.16 (a) Two Special Cases
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Figure 5.16 (b) Two Special Cases
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Figure 5.17 The Market for Loanable Funds in the Large Open Economy
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Figure 5.18 The Market for Foreign-Currency Exchange in the Large Open Economy
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Figure 5.19 The Equilibrium in the Large Open Economy
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Figure 5.20 A Reduction in National Saving in the Large Open Economy
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Figure 5.21 An Increase in Investment Demand in the Large Open Economy
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Figure 5.22 An Import Restriction in the Large Open Economy
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Figure 5.23 A Fall in the Net Capital Outflow in the Large Open Economy
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