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The Arguments for Flexible Exchange Rates
what is the free trade
Q. Explain why the EMS countries decided to fix their exchange rates against the German DM? Answer: In this manner the other EMS countries in effect imported the credi
theory of opportunity cost?
what are the alternative theories of trade?
tion..What is the range of gross barter terms of trade ?
Q. It is claimed that the persistence of protectionism is often the result of the fact that those who lose from trade are usually a much more informed, cohesive and motivated a gr
Q. Explain how the German Bundesbank gained its low-inflation reputation. Answer: Essentially Germany's experience with hyperinflation in the 1920s and yet again aft
under fleible exchange rate regime what are the consenquences of current account deficit and surplus
what is this theroy
Q. What are the three types of gains from international transactions between the residents of different countries? Answer: 1. Gains due to comparative benefit and ec
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