Has central bank intervened in foreign exchange market

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Reference no: EM13794184

Choose a developing country, and discuss its economic growth in the last 2-3 years. Include the following information:

- Identify its growth in output per capita and in population growth.

- Is it an open or closed economy?

- Identify its comparative advantage and whether it is involved in trade.

- Identify the country's type of economy-how its economy is a market, command, or mixed economy.

- Is the country's foreign exchange overvalued or undervalued? Has the central bank intervened in the foreign exchange market on behalf of the country's currency valuation?

- Using the information you gathered, discuss whether you believe the country is on a good course of economic growth and whether the macroeconomic policies are helping achieve this growth.

Reference no: EM13794184

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