Watch Circular Flows in the Global Economy Households and firms in the U.S. economy interact with those

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Watch Circular Flows in the Global Economy Households and firms in the U.S. economy interact with those in the rest of the world (other economies) in goods markets and financial markets.

The red flow shows the expenditure by Americans on imports of goods and services, and the blue flow shows the expenditure by the rest of the world on U.S. exports (other countries’ imports).

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Foundations Of Microeconomics

ISBN: 9780134491981

8th Edition

Authors: Robin Bade, Michael Parkin

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