Explain why is there free trade among states

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Reference no: EM1333637

Economic Analysis

1. Explain why hyperinflation has such a devastating impact on economies. Explain what it takes to stop hyperinflation.

2. Why is there free trade between states in the United States but not necessarily between countries?

3. When the world's economies are on a fixed gold standard and the discoveries of gold do not keep pace with the growing world GDP, what happens?

Reference no: EM1333637

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