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BP-Curve
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BP-Curve
In the Mundell-Fleming model, the curve representing balance of payments equilibrium. It is normally upward sloping because an increase in income increases imports while an increase in the interest rate increases capital inflows. The curve is used under pegged exchange rates for effects on the balan... Found op http://www-personal.umich.edu/~alandear/glossary/b.html
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BP-Curve
In the Mundell-Fleming model, the curve representing balance of payments equilibrium. It is normally upward sloping because an increase in income increases imports while an increase in the interest rate increases capital inflows. The curve is used under pegged exchange rates for effects on the balan... Found op http://www-personal.umich.edu/~alandear/glossary/b.html
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