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Q. Explain the issues involved with the Fed acting as a lender of Last Resort (LLR).
Answer: On the one hand LLR make possible the Fed to avoid panic and disturbance to proper functioning of financial markets. On the other hand using the policy may possibly cause problems of moral hazard.
Q. Describe the effects of the Smoot-Hawley tariff imposed by the United States in 1930. Answer: It had a damaging consequence on employment abroad. The foreign response occu
Q. What is the national income identity for a closed economy? Answer: Y = C + I + G.
Describe the important benefits enjoyed by Indian companies through TRIPs. Elaborate the main objectives of WTO in global economy.
Q. Discuss the benefits and costs of joining a fixed-exchange area. Answer: Benefits generally gains from the stability of the area and reduced uncertainty. The compete
Road,railway,air and shlping transportation
What are disadvantages the classical theory of international trade
difference between differencial treatment in reverse andspecial and differencial treatment
Are tariffs harmful are necessary to maintain fair trade?
trade experience of developing countries
what is this?.
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