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Economic Using the IS-LM-BP model, analyse the macroeconomic effects of protectionist policies (such as tariffs and quotas) adopted by a country under fixed and flexible

Economic
Using the IS-LM-BP model, analyse the macroeconomic effects of protectionist policies (such as tariffs and quotas) adopted by a country under fixed and flexible exchange rates. 1. How would tariffs and quotas impact the IS-LM-BP relations? Assume that before this change, we were at both IE and EE. 2. How does your answer depend on the degree of capital mobility

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