1. Chapter 4 The Balance of Payments

11. Exhibit 4.3 U.S. Trade Balance and Balance on Services and Income, 1985-2007 (billions of US dollars)

18. Exhibit 4.5 The United States Financial Account 1985-2007 (billions of US dollars)

30. Exhibit 4.8 Trade Balance Adjustment to Exchange Rate Changes: The J-Curve

33. Exhibit 4.9 A Stylized View of Capital Mobility in Modern History 0

36. Additional Chapter Exhibits Chapter 4

37. Exhibit 4.1 Generic Balance of Payments

38. Exhibit 4.2 The United States Current Account, 1998–2007 (billions of U.S. dollars)

39. Exhibit 4.4 The United States Financial Account and Components, 1998-2007 (billions of U.S. dollars)

40. Exhibit 4.6 Current and Combined Financial/Capital Account Balances United States, 1992–2007 (billions of U.S. dollars)

41. Exhibit A China’s Foreign Exchange Reserves (billions of U.S. dollars)

42. Exhibit B Rising Reserves in Asia (billions of U.S. dollars)

43. Exhibit 4.7 The United States Balance of Payments, Analytic Presentation, 1998–2007 (billions of U.S. dollars)

44. Exhibit 1 Turkey’s Balance of Payments, 1993–2000

45. Exhibit 2 Subaccounts of the Turkish Current Account, 1998–2000 (millions of U.S. dollars)

46. Exhibit 3 Subaccounts of the Turkish Financial Account, 1998–2000 (millions of U.S. dollars)