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(a) What is your understanding of the 'external trilemma' constraint in international finance? Do you believe this constraint to be binding (b) Based on your
(a) What is your understanding of the 'external trilemma' constraint in international finance? Do you believe this constraint to be binding (b) Based on your readings, what is meant by a 'dual trilemma' policy constraint in the context of Irish economic policy?- (c)* Based on your readings, critically assess the likely impact of a * significant accumulation of external liabilities on Ireland's medium- term competitiveness? *
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