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Assume you are appointed as an advisor to the country Z. Country Z has an intention to accelerate the opening up process. Earlier, country Z

Assume you are appointed as an advisor to the country Z. Country Z has an intention to accelerate the "opening up" process. Earlier, country Z has limited international trade and the volume of the foreign investment inflows (both portfolio or direct investment ) was negligible. Give reasonings and evidence when and how international trade, fiscal, monetary and exchange rate policies of the country will be affected in the "opening up" process.

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