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Q. "The line distinguishing between external and internal goals can be fuzzy." Discuss.
Answer: True For instance employment target for export industries when export growth manipulate the ability of the economy to repay its foreign debts.
The Arguments for Flexible Exchange Rates
what you do understand by the term effective rate of protection
what is the free trade
Financial Resources: The first investor is the Fitaihi Company under the leadership and technical and medical assistance of Dr. Walid Fitaihi, who was then joined by other investo
Discuss the relationship between PPP and the Law of One Price. Answer: The law of one price is applies to individual commodities while Purchasing Power Parity applies to the g
Explain the effects of a permanent increase in the U.S. money supply in the short run and in the long run. Assume that the U.S. real national income is constant. A raise in th
Q. Other things being equal, a rise in a country's terms of trade enhances its welfare. What could happen if we relax the ceteris paribus assumption, and allow for the law of dema
Q. What are the three main reasons why governments sometimes chose to devalue their currencies? Answer: 1. Permit the government to fight domestic unemployment despite the
what are the limitations of net barter terms of trade
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