Question
a)In a monetary model with fixed exchange rates, discuss short run and long run effect of a devaluation on balance of payments. b)In a Mundell-Fleming
a)In a monetary model with fixed exchange rates, discuss short run and long run effect of a devaluation on balance of payments.
b)In a Mundell-Fleming model with floating exchange rates and perfect capital mobility, discuss effectiveness of monetary and fiscal policy.
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Dynamic Business Law The Essentials
Authors: Nancy Kubasek
1st Edition
0073377686, 9780073377681
