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Q. Present the case against floating exchange rates.
Answer:
1.The discipline obligatory on individual countries by a fixed rate would be lost.
2. Undermine speculation and money market disturbances.
3. Damages to investment and international trade.
4. A Clumsy economic policies.
5. The misapprehension of greater autonomy.
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what is the current economic situation in the world?
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illustrate the circular flow of income of an open economy and explain the effects of various injections and withdrawal in the circular flow?
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When asked by the Carnegie Commission to prepare a report on post war Preferential Trading Agreements, Viner (1950) pointed out that they are not free trade. He used the concepts o
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Question: The Mauritian experience of growth and development has been referred as an economic miracle. The island had successfully shifted from an agrarian
discuss the central economic problem facing this group of survivors.
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