Chapter organization The External balance Problem of the united states a Worldwide Inflation and the Transition to Floating Rates Summary Copyright C 2003 Pearson Education, Inc Slide 18-3Copyright © 2003 Pearson Education, Inc. Slide 18-3 ▪ The External Balance Problem of the United States ▪ Worldwide Inflation and the Transition to Floating Rates ▪ Summary Chapter Organization