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Q. Discuss the role of more "transparency" in reducing the risk of financial crisis.
Answer: Must discuss the Asian crisis where foreign banks lent money to Asian enterprises without any clear idea of what the risks were and after that pulled their money out equally blindly when it became clear those risks were larger than they anticipated.
Q. Explain how a rise in real income affects aggregate demand. Answer: An increase in domestic real income Y leads to a rise in disposable income Yd. This increases
wate is the national incom of indi aims & objectives
Q. Discuss the values of private saving in closed and open economies. Answer: In the closed economy private saving Sp is equal to I + (G - T) and in an open economy private sav
Q. The effective rate of protection is a weighted average of nominal tariffs and tariffs on imported inputs. It has been noted that in most industrialized countries, the nomina
Explain the Global Firms and the Borderless Global Economy
The first African Economists Congress organized by the African Union concentrated on the creation of a monetary union and the introduction of single currency in Africa. (a) Ref
difference between classical and neo classical theory of international trade.
Q. If a scale economy is the dominant technological factor establishing or defining comparative advantage, then the underlying facts explaining why a particular country dominates
Q. Imagine that the economy is at a point on the DD-AA schedule that is above both AA and DD and where both the output and asset markets are out of equilibrium. Explain what will h
describe the U.S role in the world economy
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