Balance of payments deficits, International Economics

Assignment Help:

Q. Refute the claim by mercantilists who claimed that without severe restrictions on international trade and payments, a country might find itself impoverished and without an adequate supply of circulating monetary gold as a result of balance of payments deficits.

Answer: The balance of payments would automatically legalize itself to ensure an adequate supply of money in every country.


Related Discussions:- Balance of payments deficits

Why countries do are indulged in trade?, Countries are indulged in trade be...

Countries are indulged in trade because there are mutual gains from trade. But then, what are these gains which they obtain, and how are these realized? Comparative advantage theor

Instruments of trade policy, It is argued that a tarriff may help promote e...

It is argued that a tarriff may help promote employment in a single industry, but is not likely to help employment in general

How does fall in real interest rate affect consumption, Q. Consider the eco...

Q. Consider the economy is initially consuming along the intertemporal budget constraint at point A, where no saving occurs. How does a fall in the real interest rate, r, and affe

Flexible exchange rate regime, under fleible exchange rate regime what are ...

under fleible exchange rate regime what are the consenquences of current account deficit and surplus

International trade, International business involves the management of inte...

International business involves the management of international risk. To minimize risks commercial parties utilize independent guarantees and standby letters of credit. (a)  Dis

Opportunity cost, what are the different forms of opportunity cost theory

what are the different forms of opportunity cost theory

International trede, explain the newo clacical theory of international tred...

explain the newo clacical theory of international trede

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd