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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
difference between classical and neo classical theory of international trade.
what does the law of reciprocal states about and how does it differ from the theories of smith and ricardo
How is the foreign exchange rate determined?
Q. Explain why after, say Norway unilaterally pegs the krone to the euro, domestic money market disturbances will no longer affect domestic output despite the continuation of float
can Lesotho afford an independent monetary policy
suppose that France has a trade surplus with the united kingdom, what would you expect to happen to price,wages, and commodity price in France? why? what would happen to the terms
what are the limitation of comparative advantage?
Q. Explain why the FDIC is following a "too-big-to-fail" policy of fully protecting all depositors at the largest banks. Answer: It is a tricky question the FDIC does that even
what is the criticism of opportunity cost
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