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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.
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Officials defended China's efforts to stop rampant copying of movies and other goods, saying Thursday that 4,322 people had been convicted of product piracy last year and promising
Matters and Reports: The matters and reports to be stated in a prospectus may be summarised as follows: 1. The Matters The matters to be stated in a prospectus are:
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