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Q. Based on the 1997 Crisis and your own experience, what are the main weaknesses of the East Asian economies?
Answer: The limitation is little productivity increases most of the growth because of capital and labour inputs increase eventually leading to diminishing returns. The other weakness or limitation is the poor state of banking regulation in most of the Asian economies. The last reason is insufficient legal framework for dealing with companies in trouble.
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
Question 1: (a) To what extent does the structural change model of Lewis adequately portrays the development phases in most developing countries? (b) Discuss the principal a
What is Tugend''s stance toward the practice of multitasking? Point out specific phrases that reveal her attitud. How appropriate is her stance, given her subject matter?
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#question Foreign Exchange Market ASSIGNMENT..
Q. How A Central Bank Fixes the Exchange Rate? Answer: The Central bank should always be willing to trade currencies at the fixed exchange rate with the private actors in the f
Is there is Few or many national currencies
Q. What has been learned since 1973 with regard to the experience with floating exchange rate regime? Answer: 1. Monetary policy autonomy: Yes though floating rate didn
Present and explain the Fundamental Equation of the Monetary Approach. Answer: Suppose E $ /E = P US /P E and that domestic price levels depend on domestic money demands and
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