Skip to main content
grasp.study
About
Explore
Pricing
Log in
Try it for free
Back to course
👋
Welcome to a Grasp lesson
Create a free account
to keep studying and create your own study path.
CFA Level 1 Economics
·
Module 11
International Trade and Capital Flows
1
Trade Patterns and Opportunity Costs
Explain absolute and comparative advantage and use opportunity costs to determine trade patterns.
2
Trade's Impact: Gains and Losses
Describe the welfare effects of international trade (gains and losses).
3
Trade Restrictions and Their Economic Impact
Analyze the economic impact of tariffs, quotas, and other trade restrictions.
4
Key International Economic Institutions
Describe the roles of the WTO, IMF, and World Bank in international economics.
5
Understanding the Balance of Payments: Components and Structure
Describe the components of the balance of payments (current, capital, financial accounts).
6
Trade Balance, Savings, and Investment
Explain the relationship between the trade balance, national savings, and domestic investment.
Previous module
Fiscal Policy and Macroeconomic Management
Next module
Currency Exchange Rates