York University (EBOR )

This first page of summary notes on chapter 15 Appendix is just a breakdown of the balance of payments in accounting terms and explains what happens in a closed economy versus an open economy.

This one-page summary of chapter 15 from the textbook explains how to develop mechanisms for analyzing the macroeconomic policies that a developing country should pursue to stabilize its economy and accelerate its economic growth.

The first page out of seven pages is a summary of foreign aid. This page concerns the Marshall Plan and details about the World Bank and its many donors.

This graph 14-6 from chapter 14 explains food aid, prices and production and what occurs when there is an absence of imports.

This is a continuation page from graph 15-1 from chapter 15 from the textbook explaining the Australian model's results.

This graph, 15-1 from chapter 15 from the textbook shows equilibrium in the Australian model.

This graph 15-2 from chapter 15 shows tradables and non-tradables markets (external and internal equilibrium).

This graph 15-3 from chapter 15 shows the external and internal equilibrium with policy tools on the axis. In other words, his graph shows tradables and non-tradables markets from a different perspective.

Graph 15-4 from chapter 15 of the textbook shows the Australian model phase diagram of the external and internal equilibrium and disequilibrium.

This graph, 15-5 from chapter 15 from the textbook shows tendencies toward equilibrium with the external and internal balance lines.