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QUESTION
(a) Compare and contrast the two major transmission channels that characterizes the credit view.
(b) Discuss which asset price channel of transmission of monetary policy is gaining importance in the era of globalization.
(c) Explain the mechanisms of the equity price channels.
WHAT IS UR AGREEMENT
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Explain the implications international capital flows problem. Implications: • FDI can assist physical capital accumulation and result within growth - usually beneficial b
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