1. Y376 International Political Economy September 8, 2009

5. Figure 2-12. U.S. Balance of Trade in Goods and Services and Balance of Payments on Current Account, 1946-2006, in Billions of Current Dollars Source: Economic Report of the President 2008 , http://www.gpoaccess.gov/eop/tables08.html .

6. U.S. Balance of Trade, 2008-2009

9. Figure 2-6. The Dollar as Percent of Total Official Foreign Currency Holdings, 1978, 1986, 1996, and 2007 Source: International Monetary Fund, Annual Reports , various years.

12. Figure 2.14. US-China and US-Japan Bilateral Trade Deficits, in Billions of Dollars,1991-2006 Source: Economic Report of the President 2000 and 2008 .

13. Figure 2-10. Balance of Payments in the G-5 Countries, 1970-2007, in Billions of Current Dollars Source: World Bank, World Development Indicators 2001 on CD-ROM; OECD.StatExtracts, http://webnet.oecd.org/wbos/Index.aspx .

15. Nixon, Connally, and the Smithsonian Agreement

16. Figure 2-6. Volatility in Deutsche Mark (DM) and Yen Exchange Rates with the U.S. Dollar, 1965-1979, Percentage Changes from the Previous Month Source: International Financial Statistics CD-ROM (Washington, D.C.: IMF, January 2002.

18. Yen-Dollar and DM-Dollar Exchange Rates, 1964-1993 Nixon Shock Plaza Accords

19. Figure 2-13. DM-Dollar, Yen-Dollar, and Euro-Dollar Exchange Rates, 1985-2007 Source: Economic Report of the President 2000 and 2008, http://www.gpoaccess.gov/eop/tables08.html .

20. Shift in the Monetary Regime After 1971

23. US-China Deficit vs. Deficit with China

24. Yuan-Dollar Exchange Rate

25. Yuan-Dollar Exchange Rate Since Decision to Float