Economics 242

International Trade

"Want an easy way to eliminate the U.S. trade deficit? Just declare New York City a separate "entity," with its own balance-of-payments statistics. I can almost guarantee you that the trade deficit of the rest of the country--call it "mainland America"--will disappear."

- Paul Krugman, Slate, 7/1/97

• Syllabus 

• Schedule

• Problem Set #1

• Problem Set #2  

• Problem Set #3   

• Problem Set #4   

• Problem Set #5   

• Problem Set #6   

• Problem Set #7   

• Problem Set #8   

• Problem Set #9   

• Problem Set #10  

Useful Sites

• Penn World Tables 5.6(Zip File): Contains data on 30 variables for about 150 countries over the years 1950-92. Good for international comparisons. Easy to use.

• PACIFIC Exchange Rate Service: Canadian site.  Lots of interesting stuff, but focuses mainly on Canadian Dollar.  Some good links.

• FRED (Federal Reserve Economic Data): Good for time series of exchange rates and balance of payments.

• Federal Reserve Bank of New York: Daily spot and forward rate quotes.

• IMF (International Monetary Fund): Lots of news pertaining to member countries.

• Bureau of Economic Analysis: Useful For NIPA and BOP

• World Bank

• Roubini 's Global Macro Page

• Central Banks of the World

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