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Marlow Works

AP Macroeconomics / Unit 6

Unit 6 · 10–13%

Open Economy—International Trade and Finance

Exchange rates and capital flows tie domestic policy to the rest of the world.

Start first lessonUnit practice

Topics

  • Balance of payments
  • Exchange rates
  • Currency appreciation and depreciation
  • Capital flows and interest rates

Lessons

Key terms

Original practice

Marlow Works questions. If this unit does not have its own items yet, you will see other questions from the same course.

1 of 3Economic Indicators and the Business Cycle · easy · multiple choice

Nominal GDP rises from one year to the next while real GDP is unchanged. Which interpretation is best?

Original Marlow Works item — not a College Board question.

Take your time—this is practice, not a test.

Review checklist

  1. 01Say whether a currency appreciated or depreciated.
  2. 02Trace the path from interest rates to exchange rates to net exports.
  3. 03Keep the current account and financial account as counterparts, not twins of the same transaction.

Related resources

External links with reuse status. Marlow Works is independent and does not copy restricted exam or textbook material.

  • Official / link only

    AP Macroeconomics course page

    Official six-unit framework for national income and policy models.

    College Board · All rights reserved · accessed 2026-10-01

    Open source

  • Official / link only

    FRED economic data

    Federal Reserve economic data. Terms vary by series; do not scrape or ingest.

    Federal Reserve Bank of St. Louis · Varies by series · accessed 2026-10-01

    Open source