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Q. Discuss the role of more "transparency" in reducing the risk of financial crisis.
Answer: Must discuss the Asian crisis where foreign banks lent money to Asian enterprises without any clear idea of what the risks were and after that pulled their money out equally blindly when it became clear those risks were larger than they anticipated.
Q. What is the domino effect or contagion? Answer: The definition is the defencelessness of even seemingly healthy economies to crisis of confidence generated by events
Question 1 What are the main areas of microeconomics that business managers must be familiar with in performing their managerial functions effectively and efficiently? Questio
Q. Calculate the effects of the fall in the relative price of good 2 on the income of the specific factors capital and land. Answer: For the reason that good 2 uses land, a f
the year of alternative / new trade theoriess
Q. What has been learned since 1973 with regard to the experience with floating exchange rate regime? Answer: 1. Monetary policy autonomy: Yes though floating rate didn
Lot of
Canadian consumers have 50 dollar in come this is eual to the gross domestic product. they spand 35 dollars on comuser goods (25 on canadian goods annd 10 on imports) they save 8
review the general equilibrium conditions under autarky and given free trade using the opportunity cost theory of trade
different between her barter terms of trade and net barter terms of trade
Q . Is it possible that if positive scale economies characterize an industry, that its equilibrium can be consistent with purely competitive conditions? Explain how this would hap
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