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Define advocates of the International Monetary Fund argue.
Advocates of the International Monetary Fund (IMF) argue
• Competitive devaluations were a characteristic of the inter war era and a major factor into the long recession of the 1930 year. The International Monetary Fund has had complete success while avoiding competitive devaluations from its inception.
• IMF short-term loans assist stabilise exchange rates and also the Balance of payments for a country into crisis for now. This intervention has no impact upon the underlying purposes for crisis. Unless action is done to resolve the economic factors which caused the Balance of payments shortage and exchange rate crisis, in that case future IMF intervention may be needed. For that IMF loans are conditional onto SAPs/PRS. Structural Adjustment Programmes enable a country to go by a painful adjustment process and by reform achieve a stable exchange rate as well as Balance of payments position and independence. An analysis has to be considered as to whether the costs of transition are worth the ultimate gains.
How can external trade promote economic development and growth? International trade permits increased specialisation than higher output permits economies of scale. • A big m
What is the Infant Industry argument? Several governments seek to protect involving industries by premature competition. Infant industries have potential comparative benefit b
Procedure for export under deferred paymet
QUESTION (a) What are the characteristics of command and market economies? (b) In a number of countries in recent years, there has been a movement towards a greater reliance
Question 1: What are the main predictions of the Capital Asset Pricing Model (CAPM)? Discuss the role and significance of the assumptions needed to obtain the predictions.
why does the quantity of salt demanded tend to be unresponsive to changes in its price?
Select an organization and discuss what type of information should be protected in a BIA plan. How would you ensure protection of the confidentiality of such information and preven
How does economic theory contributes to managerial decisions?
What is social cohesion? Social cohesion: Social cohesion is regarding how united, cooperative, connected and trustful a society is. This cohesion desires tolerance for c
total outlay method as a measure of elasticity with application
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