About This Chapter
Overview of Inflows, Outflows & Restrictions - Chapter Summary
Feel confident that you fully understand the basics of inflows, outflows and restrictions with help from this chapter. Lessons are fun to review and provide quality insights into topics that include net exports, financial markets, tariffs and trade restrictions. Examine the lessons at your leisure, and enhance your ability to do the following:
- Explain how the flow of capital is impacted by changes in net exports
- Discuss the relationship between financial and goods markets
- Describe how tariffs and quotas affect imported goods and domestic prices
- Share ways that trade restrictions impact cheap foreign labor
Watch the video lessons in any sequence you desire, and use the clickable timelines located below the videos to skip to key topics within the lessons. If you'd prefer to read the lesson materials, scroll below the videos to access full transcripts that you can review online or print and read when you don't have Internet access. Find out how much you understand about each lesson by taking its accompanying self-assessment quiz. Use the chapter exam to assess your overall comprehension of inflows, outflows and restrictions.
1. Net Exports, Capital Flows and Trade Balance
Learn what net exports and balance of trade are, how they are calculated, and what influences them. Explore what capital flows are in relation to net exports and trade balance and the importance of these monies in an economy.
2. Financial Markets & Goods Markets
Learn about two of the biggest markets in most economies; the financial and goods markets. Find out what financial markets are and the purpose they serve. Explore the stock market and bond market and see how they are different than the goods market.
3. Tariffs and Quotas: Effects on Imported Goods and Domestic Prices
Explore what tariffs and quotas are and what effect they can have on the supply of imported goods. Find out how these two economic tactics can influence the prices you pay for many of the everyday items you may purchase.
4. Trade Restrictions and Foreign Labor
Discover why trade restrictions are sometimes used to combat cheap foreign labor. Learn about outsourcing, job protection, and infant industry strategies.
Earning College Credit
Did you know… We have over 200 college courses that prepare you to earn credit by exam that is accepted by over 1,500 colleges and universities. You can test out of the first two years of college and save thousands off your degree. Anyone can earn credit-by-exam regardless of age or education level.
To learn more, visit our Earning Credit Page
Transferring credit to the school of your choice
Not sure what college you want to attend yet? Study.com has thousands of articles about every imaginable degree, area of study and career path that can help you find the school that's right for you.
Other chapters within the AP Macroeconomics: Exam Prep course
- Scarcity, Opportunity Cost & Production Possibility Curves
- Understanding Comparative Advantage, Specialization & Exchange
- Market Equilibrium, Supply & Demand
- Basics of Measuring the Economy
- Inflation & Adjustment in Economics
- Unemployment Basics
- Understanding Inflation & Unemployment
- Overview of Aggregate Demand & Supply
- Understanding Macroeconomic Equilibrium
- Understanding Economic Growth and Productivity
- Money & the Market
- The Central Bank & Monetary Policy
- Fiscal & Monetary Policies in Economics
- Foreign Exchange & Trade Balance
- AP Macroeconomics Test Information & Strategy
- AP Macroeconomics Flashcards