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1.a. What is the Mundell-Fleming trilemma? How relevant is the trilemma in the context of the financial architecture of today? b. Has quantitative easing been

1.a. What is the Mundell-Fleming trilemma? How relevant is the trilemma in the context of the financial architecture of today?

b. Has quantitative easing been effective during this COVID-19 pandemic? Discuss.

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