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Determine about the Mundell-Fleming model
The basic two country Mundell-Fleming model assumes that both countries are small. It is this assumption that we modify and assume instead that both countries are large to make their spillover effects significant. Only with this modification can spillover effects be modelled, and the issue of policy coordination discussed. All other assumptions of the Mundell-Fleming model, however, are maintained. In particular we assume that there is perfect capital mobility, and that increases in aggregate demand lead to an expansion in national income rather than wage and price inflation.
Impose a duty on directors: A company is, however, free to impose a duty on its directors to attend board meetings within a certain period of time and to prescribe the consequ
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State the policies of convergence Explained here in the simplest case with assumption that there is full representation of voters; information is symmetric and single peaked pr
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